BusinessPhoto: Business StandardWaaree Renewable Q2 Net Profit Drops 29% to ₹81 Crore
Waaree Renewable Technologies reported a 29% year-on-year decline in consolidated net profit to ₹81.48 crore for the September quarter, down from ₹116.36 crore the previous year. The drop was mainly due to higher expenses, which rose to ₹961.66 crore from ₹622.63 crore. Revenue increased to ₹1,057.84 crore. The company has a strong order book over ₹5,500 crore and a robust bidding pipeline in solar, BESS, and T&D sectors.
Business Standard·


