Waaree Renewable Technologies shares jump over 13% after strong Q4 resultsAI Quick ReadWaaree Renewable Technologies share price surged by 13.5% on Friday, April 17, after the company reported a significant 66% rise in its consolidated net profit, reaching ₹155.72 crore for the March quarter compared to the same period last year, primarily driven by higher revenues.
The consolidated net profit for the quarter ending March 31, 2025, was reported at ₹93.76 crore, as stated in an exchange filing.
For the March quarter of FY26, revenue from operations was recorded at ₹1,102.40 crore, compared to ₹476.58 crore in the previous quarter of FY25.
In FY26, the net profit totaled ₹478.65 crore, an increase from ₹228.92 crore in FY25. Revenue from operations amounted to ₹3,331.42 crore, showing a two-fold increase relative to ₹1,597.75 crore in FY25.
Manmohan Sharma, CFO, Waaree Renewable Technologies, said, "Supported by a robust unexecuted EPC order book of 2.83 GWp, WRTL continues to have strong visibility of project execution."
Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players.
At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors.
Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation.
Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.