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Waaree Renewable Technologies: Stock jumps 12% after its PAT grows by 117% YoY

Waaree Renewable Technologies Limited, a leading solar EPC player, reported Q2 FY26 net profit of Rs.116.34 cr, revenue of Rs.774.78 cr, and EBITDA of Rs.157.94 cr.

Introduction

Leading solar EPC company posted record quarterly results with net profit of Rs.116.34 cr, revenue of Rs.774.78 cr, and EBITDA of Rs.157.94 cr, reflecting strong year-on-year growth across all key financial parameters.

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Share price movement of Waaree Renewable Technologies

On October 13, 2025, Waaree Renewable Technologies Ltd opened at ₹1,184.60, up from its previous close of ₹1,134.60. The stock reached a high of ₹1,287.70 and a low of ₹1,180.00. By 12:16 PM, it traded at ₹1,237.90, a 9.10% increase, with a market cap of ₹12,904.68 crore.

Waaree Renewable Posts Record Quarterly Results

Waaree Renewable Technologies Limited reported a net profit of Rs. 116.34 crore in Q2 FY26. This marks a 117.40% increase from Rs. 53.52 crore in Q2 FY25.

Revenue from operations for the quarter rose to Rs. 774.78 crore. This represents a growth of 47.73% year-on-year from Rs. 524.47 crore recorded in Q2 FY25.

EBITDA for Q2 FY26 reached Rs. 157.94 crore. This shows a 120.69% increase compared to Rs. 71.57 crore in Q2 FY25, reflecting strong operational performance during the quarter.

Recent news on Waaree Renewable Technologies

As of September 09, 2025, Waaree Renewable Technologies Ltd. secured orders worth ₹1,252.43 crore from Waaree Forever Energies Pvt Ltd for an 870 MW grid-connected solar project with EPC and O&M services.

Stock performance of Waaree Renewable Technologies for Period of 1 week, 6 months, and 1 year

Waaree Renewable Technologies Ltd delivered an 8.79% return over the past week and gained 10.4% in the past six months. The stock declined by 35.5% over the past year.

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Shareholding pattern of Waaree Renewable Technologies

ParticularsJun 2025Mar 2025Dec 2024
Promoter74.40%74.40%74.40%
FII1%1.10%1%
DII0.10%0.20%0.00%
Public24.20%24.30%24.60%

About Waaree Renewable Technologies

Waaree Renewable Technologies Limited (NSE: WAAREERTL), a subsidiary of Waaree Group, leads in solar EPC, developing, financing, and operating on-site and off-site solar projects, focusing on clean energy solutions for commercial, industrial, and individual clients.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Waaree Renewable Technologies Limited share price going up today?

A: Waaree Renewable Technologies Limited share price rose after reporting Q2 FY26 net profit of Rs.116.34 crore, up 117.4% YoY.

Q: What does Waaree Renewable Technologies Limited specialize in?

A: Waaree Renewable Technologies Limited specializes in solar EPC, developing, financing, and operating on-site and off-site solar projects across India.

Q: What is the market capitalization of Waaree Renewable Technologies Limited?

A: Waaree Renewable Technologies Limited has a market capitalization of Rs.12,904.68 crore, reflecting its position in the renewable energy sector.

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