Waaree Energies Q3 Profit Jumps 26%, Revenue and Margins Soar
Business
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Moneycontrol•21-01-2026, 22:53
Waaree Energies Q3 Profit Jumps 26%, Revenue and Margins Soar
- •Waaree Energies reported a 26% quarter-on-quarter increase in net profit to ₹1,062 crore in Q3.
- •Revenue grew by 24.7% to ₹7,656 crore, indicating strong sales growth for the solar company.
- •EBITDA surged by over 37% to ₹1,928 crore, with EBITDA margin improving to 25.5%.
- •The company made a one-time provision of ₹7.14 crore for the new labor code, awaiting government notification.
- •Waaree Energies specializes in manufacturing solar modules and cells, and provides EPC services for solar projects.
Why It Matters: Waaree Energies delivered strong Q3 financial results with significant profit, revenue, and margin growth.
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