Waaree Energies Q1 Results: Cons PAT jumps 89% YoY to Rs 745 crore, revenue up 30%
on Monday reported an 89% surge in its Q1 consolidated net profit at Rs 745 crore versus Rs 394 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the parent company.
The company's revenue from operations stood at Rs 4,426 crore which was up 30% from Rs 3,408 crore reported in the corresponding quarter of the last financial year.
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The PAT increased 20% on a sequential basis versus Rs 619 crore in the January-March quarter of FY25 while the topline was nearly 11% higher on a quarter-on-quarter basis compared to Rs 4,004 crore posted in Q4FY24.
Segment Revenue
The company operates in three verticals viz. solar photovoltaic modules, power generation and engineering, procurement & construction (EPC).
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The revenue from solar photovoltaic modules stood at Rs 3,872 crore in Q1FY26 versus Rs 3,617 crore in Q4FY25 and Rs 3,178 crore in the year ago period.
The revenue from EPC segment stood at Rs 589 crore in Q1FY26 versus Rs 465 crore in Q4FY25 and Rs 226 crore in the year ago period.
The revenue from EPC segment stood at Rs 589 crore in Q1FY26 versus Rs 465 crore in Q4FY25 and Rs 226 crore in the year ago period.
The revenue from generation of power stood at Rs 11 crore in Q1FY26 versus Rs 8 crore in Q4FY25 and Rs 11 crore in the year ago period.
The company expenses in the quarter under review stood at Rs 3,654 crore compared to Rs 3,291 crore in Q4FY25 and Rs 2,966 crore in the corresponding quarter of the previous financial year. The expenses were made under the heads like cost of materials consumed, Purchases or stock-in-trade and on employee benefits, among other things.
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