Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 524.47 crore for the second quarter ended on Sept. 30, 2024 (Q2 FY 2025), which is 249.5% up year-on-year compared to INR 150.06 crore in Q2 FY 2024 and is the company’s highest-ever quarterly revenue so far.
Net profit (profit after tax) for Q2 FY 2025 was INR 53.52 crore, 160.52% up compared to INR 20.54 crore in Q2 FY 2024.
Revenue for H1 FY25 stood at INR 760.82 crore as against INR 279 crore in the corresponding period of previous fiscal year.
The company’s unexecuted orderbook stands at 1.7 GWp, which is to be executed in 9-12 months.
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