Waaree Energizes Q1 with INR 773 Crore Profit and Clean Energy Expansion
Waaree Energies Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26).
July 29, 2025. By News Bureau

Waaree Energies Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26).
Building on its record FY25 performance, the company reported strong financial growth and unveiled key expansion plans, reinforcing its commitment to driving India’s clean energy future and strengthening its global presence.
The company reported total income of INR 4,597.18 crore for Q1 FY26, a 31.48 percent increase from INR 3,496.41 crore in the same quarter last year. EBITDA for the quarter stood at INR 1,168.67 crore, reporting growth of 82.61 percent YOY. While net profit grew 92.68 percent YoY to INR 772.89 crore. Earnings per share (Basic) rose to INR 25.94 from INR 14.98.
Waaree continues to gain market share as a vertically integrated player and has maintained its EBITDA guidance of INR 5,500–INR 6,000 crore for FY26, supported by a robust project pipeline, enhanced production capacity, and operational efficiencies.
Commenting on the results Dr. Amit Paithankar, Whole Time Director & CEO, Waaree Energies Ltd said: “Waaree Energies Ltd. continues to deliver strong operational performance in Q1 FY26, building on the momentum of the previous fiscal. On the demand side we have a robust order book of ~INR 49,000 crore and a global pipeline of 100+ GW, reflecting positive market sentiments across key geographies.
This quarter, Waaree achieved its highest-ever production of modules at 2.3 GW, underscoring the success of our efforts to improve production efficiency. Our factory build-out projects in India and the US remain on track.
A strong and sharp focus on costs and profitability is reflected in our financials. We maintain our FY26 EBITDA guidance of INR 5,500 to INR 6,000 crore”.
Building on its record FY25 performance, the company reported strong financial growth and unveiled key expansion plans, reinforcing its commitment to driving India’s clean energy future and strengthening its global presence.
The company reported total income of INR 4,597.18 crore for Q1 FY26, a 31.48 percent increase from INR 3,496.41 crore in the same quarter last year. EBITDA for the quarter stood at INR 1,168.67 crore, reporting growth of 82.61 percent YOY. While net profit grew 92.68 percent YoY to INR 772.89 crore. Earnings per share (Basic) rose to INR 25.94 from INR 14.98.
Waaree continues to gain market share as a vertically integrated player and has maintained its EBITDA guidance of INR 5,500–INR 6,000 crore for FY26, supported by a robust project pipeline, enhanced production capacity, and operational efficiencies.
Commenting on the results Dr. Amit Paithankar, Whole Time Director & CEO, Waaree Energies Ltd said: “Waaree Energies Ltd. continues to deliver strong operational performance in Q1 FY26, building on the momentum of the previous fiscal. On the demand side we have a robust order book of ~INR 49,000 crore and a global pipeline of 100+ GW, reflecting positive market sentiments across key geographies.
This quarter, Waaree achieved its highest-ever production of modules at 2.3 GW, underscoring the success of our efforts to improve production efficiency. Our factory build-out projects in India and the US remain on track.
A strong and sharp focus on costs and profitability is reflected in our financials. We maintain our FY26 EBITDA guidance of INR 5,500 to INR 6,000 crore”.
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