Waaree Energies The solar PV maker reported a 15% rise in its second quarter net profit at Rs 362 crore against Rs 315 crore in Q2 of the previous fiscal. Revenue from operations in Q2 rose 1% year-on-year (YoY) to Rs 3,

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 share price slipped 6 per cent to Rs 2,914.60 on the BSE in Tuesday’s intra-day trade in an otherwise strong equity market after the company reported a muted set of numbers for the second quarter ended September 2024 (Q2FY25).

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.

The company's total income rose to Rs 3,663.4 crore in the quarter under review, from Rs 3,558.5 crore in the second quarter of the last financial year.

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 Limited reports strong financial growth, with increased profit, order book, and investment in renewable energy projects.