Waaree Renewable Technologies Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Consistent revenue growth over the past four years, reflecting strong market demand for renewable energy solutions.
Improvement in operating margins indicates effective cost management and operational efficiency.
Strong quarterly performance in the latest quarter exceeds previous year’s figures, showcasing resilience amid market challenges.

NEGATIVES

Declining net profit margin suggests increasing costs or pricing pressure in the competitive manufacturing sector.
High debt levels may pose risks to financial stability and limit future investments.
Recent supply chain disruptions have impacted production timelines, affecting overall output and sales.

Field	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	324.19	273.25	236.36	524.47	360.35	476.58	603.19	774.78
Expenses	238.13	203.04	199.84	458.57	293.39	356.25	491.44	622.64
Operating Profit	86.07	70.21	36.51	65.90	66.95	120.33	111.74	152.14
Other Income	0.49	1.34	2.76	3.40	3.78	4.86	4.83	4.43
Interest	0.08	3.54	3.03	4.09	3.35	4.38	3.56	3.62
Depreciation	1.67	1.55	1.54	1.58	1.62	1.63	2.24	2.18
Profit Before Tax	86.55	71.54	39.27	69.30	70.73	121.17	116.57	156.56
Tax	22.10	17.36	11.11	15.78	17.25	27.40	30.19	40.22
Net Profit	64.46	54.18	28.16	53.52	53.48	93.77	86.39	116.34
Eps in Rs	30.97	5.20	2.72	5.14	5.14	9	8.29	11.16