Waaree Renewable Technologies, the solar EPC subsidiary of Waaree Group, announced its June quarter financial performance today, July 17, reporting a net profit of ₹86 crore, a 207% increase compared to ₹28 crore in the same period last year.
However, the profit was lower on a sequential basis, as the company had reported ₹94 crore in the preceding quarter. Revenue from operations during the reporting quarter came in at ₹603 crore, compared to ₹236.35 crore in Q1 FY25, which is a 155% YoY growth.
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