Waaree Energies, Indias largest solar PV module manufacturer, reported a 15% YoY rise in Q2 net profit to Rs 362 crore. Revenue grew 1% YoY to Rs 3,574 crore. The company, which listed with a 70% premium,

Waaree Energies Ltd.'s share price fell over 6% on Tuesday despite positive results for the second quarter as the company's topline remained flat. The solar module manufacturer's revenue for the second quarter rose 1% on the year to Rs 3,754.38 crore from Rs 3,537.3 crore.

Waaree Energies shares fell over 5% to an intraday low of Rs 2,916 on the NSE after the company reported its first post-listing earnings, with a 15% YoY rise in net profit to Rs 362 crore for Q2FY25.

Waaree Energies reported a 17% rise in Q2 net profit to Rs 375.6 cr, driven by higher income. The board approved a Rs 600 cr investment for renewable energy projects.

Waaree Energies, India’s largest solar PV module manufacturer, reported a 15% YoY rise in Q2 net profit to Rs 362 crore. Revenue grew 1% YoY to Rs 3,574 crore. The company, which listed with a 70% premium,

The firm’s board has also approved an investment of Rs 600 crore into its wholly owned units to set up and develop infrastructure (including land and connectivity) to develop renewable power projects

Waaree Energies stock closed 6.81% higher at Rs 3115 on Monday against the previous close of Rs 2916.60. On an intra day basis, the stock climbed to Rs 3185.90 on BSE.

Waaree Energies Limited announced their July to September quarter results on Monday, November 18. The company recorded a 17 per cent rise in net profits to ₹375.65 crore in the second quarter of the financial year 2024-25,