Waaree Renewable experiences a 7% growth after reporting strong Q4 earnings, indicating positive progress. Conversely, Wipro and HDFC Life face a slight dip of around 3-4%, possibly due to underwhelming Q4 outcomes.
Waaree Renewable Technologies Limited
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Waaree Renewable Technologies posted a remarkable 66% surge in their net profit for the fourth quarter of fiscal year 2026. This significant increase underscores a promising trajectory for the company's financial growth.
Waaree Renewable Tech's Q4 EBITDA increased by 63% to ₹2.06B compared to last year, yet the EBITDA margin decreased to 18.8%, indicating a lower profitability ratio despite higher earnings.
Waaree Renewable Technologies' CFO shares insights on the company's growth trajectory, profitability, and expectations for the upcoming fiscal year 2027.
Waaree Renewable Tech experiences a significant increase in revenue by 108.5% Year-over-Year, reaching Rs. 3,331.4 crore for FY26. Profit After Tax (PAT) also surged by 109.1% to Rs. 478.7 crore. With a robust order book of 2.83 GWp and a pipeline of 36 GWp, the company shows strong growth potential in renewable energy solutions.
Waaree Renewables will release their Q4 & FY2026 financial results on April 16th, 2026. The report will feature both individual and consolidated figures for the quarter and fiscal year that ended March 31st, 2026, following a board meeting on the same day.