WAAREERTL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Waaree Renewable Technologies Ltd reported sales of ₹1,058 Cr, operating profit of ₹160 Cr (OPM 15%) and net profit of ₹81 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
WAAREERTL quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
360
477
603
775
851
1,102
924
1,058
Expenses
288
350
486
617
692
896
751
898
Operating Profit
72
126
118
158
159
207
173
160
OPM
20%
27%
19%
20%
19%
19%
19%
15%
Other Income
4
1
5
4
5
6
5
9
Interest
3
4
4
4
3
3
10
37
Depreciation
2
2
2
2
2
2
6
27
Profit before tax
71
121
117
157
158
208
163
105
Tax
24%
23%
26%
26%
24%
25%
27%
23%
Net Profit
53
94
86
116
120
156
119
81
EPS in Rs
5.13
9
8.29
11.16
11.52
14.93
11.11
7.08
WAAREERTL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
162
351
876
1,598
3,331
3,936
Expenses
138
267
669
1,287
2,690
3,236
Operating Profit
24
84
207
311
641
699
OPM
15%
24%
24%
19%
19%
18%
Other Income
8
2
4
11
20
26
Interest
7
5
7
15
13
53
Depreciation
4
3
6
6
9
37
Profit before tax
21
77
198
300
640
635
Tax
58%
28%
27%
24%
25%
-
Net Profit
9
55
145
229
479
476
EPS in Rs
0.83
5.32
13.95
21.98
45.88
44.64
Dividend Payout
12%
4%
7%
5%
0%
-
WAAREERTL balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
21
21
21
21
21
Reserves
226
435
637
913
1,098
Borrowings
40
27
81
146
1,493
Other Liabilities
427
637
712
1,294
2,258
Total Liabilities
714
1,120
1,451
2,374
4,869
Fixed Assets
157
198
259
272
1,789
CWIP
3
56
119
178
162
Investments
9
52
61
31
112
Other Assets
545
814
1,013
1,893
2,805
Total Assets
714
1,120
1,451
2,374
4,869
WAAREERTL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
43
65
128
303
287
Cash from Investing Activity
9
-66
-114
-237
-264
Cash from Financing Activity
-40
-9
-7
-49
23
Net Cash Flow
12
-10
6
17
45
Free Cash Flow
36
-18
117
201
164
CFO/OP
196%
84%
74%
120%
66%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit