Waaree Renewable Technologies quarterly results

Q2 FY27 · Jul–Sep 2026
₹ croreQ2 FY27Q2 FY26Change
Revenue1,058775+36.5%
EBITDA160158+1.3%
EBITDA margin15.1%20.4%−5.3 pts
Profit before tax105157−32.7%
Net profit81.5116−30.0%
EPS₹7.07₹11.16−36.6%

Every quarter

₹ crore except per share
Tap a line for its trendQ2 FY27Sep 2026Q1 FY27Jun 2026Q4 FY26Mar 2026Q3 FY26Dec 2025Q2 FY26Sep 2025Q1 FY26Jun 2025Q4 FY25Mar 2025
1,0589241,102851775603477
9.25.36.05.14.44.84.9
1,0679301,108856779608481
Expenses
673706871673592470335
13613.90.00.00.00.00.0
33.316.012.813.613.29.37.5
36.89.62.73.43.63.64.4
27.05.82.12.12.22.21.6
55.415.112.05.612.06.37.8
962766900698623491356
160173207159158118126
133168205157156115125
Profit
105163208158157117125
0.00.00.00.00.00.0−4.0
105163208158157117121
27.540.754.137.139.228.824.5
−3.73.7−1.71.11.01.42.9
23.944.452.438.240.230.227.4
81.511915612011686.493.8
81.511915612011686.493.8
0.20.00.2−0.4−0.30.00.1
81.711915612011686.493.9
73.9116156—11686.493.8
7.63.10.0—0.0−0.1−0.0
Per share
₹7.07₹11.11₹14.96₹11.50₹11.16₹8.29₹9.00
₹7.07₹11.09₹14.94₹11.50₹11.13₹8.27₹8.98
Other comprehensive income — detail
0.20.00.2−0.4−0.3—0.1
0.3——−0.6−0.4—0.2
0.1−0.0−0.3−0.10.0—0.0
−0.0——————
0.00.00.1—−0.1——
74.11160.2—11686.494.0
7.63.1——0.0−0.1−0.0
Per share — as-filed variants
₹7.07₹11.11₹14.96₹11.50₹11.16₹8.29₹9.00
₹7.07₹11.09₹14.94₹11.50₹11.13₹8.27₹8.98
Derived — gross profit (revenue − materials − purchases − Δ inventories)
249205232178183133142
23.5%22.1%21.0%20.9%23.6%22.1%29.7%
Adjusted (ex-exceptional items) — derived
105163208158157117125
0.00.00.00.00.00.0−4.0
81.511915612011686.496.9
₹7.07₹11.11₹14.96₹11.50₹11.16₹8.29₹9.30
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

WAAREERTL₹692.10

Waaree Renewable Technologies Ltd.

· Capital Goods & Defence
AnnualQuarterly₹ CrorePeersSWSOLARWAAREEENERVOLTAMPWEBELSOLARVIKRAMSOLRUTLSOLARTRANSRAILLTIMETECHNOMcap ₹7,222 Cr
View
In ₹ Crore except Per Share
3 Months Ending
Q4 FY25
31/03/2025
Q1 FY26
30/06/2025
Q2 FY26
30/09/2025
Q3 FY26
31/12/2025
Q4 FY26
31/03/2026
Q1 FY27
30/06/2026
Q2 FY27
30/09/2026
Revenue from Operations476.6603.2774.8851.11,102.4924.31,057.8
Other Income4.94.84.45.16.05.39.2
Total Income481.4608.0779.2856.21,108.4929.51,067.0
Expenses
+ Cost of Materials Consumed335.0470.0591.7673.0870.8705.7673.5
+ Changes in Inventories0.00.00.00.00.013.9135.7
+ Employee Benefit Expense7.59.313.213.612.816.033.3
+ Finance Costs4.43.63.63.42.79.636.8
+ Depreciation & Amortisation1.62.22.22.12.15.827.0
+ Other Expenses7.86.312.05.612.015.155.4
Total Expenses356.3491.4622.6697.8900.4766.1961.7
EBITDA126.3117.5157.9158.8206.8173.5160.0
EBIT124.7115.3155.8156.7204.7167.7133.0
Profit
PBT before Exceptional Items125.2116.6156.6158.4208.1163.4105.4
+ Exceptional Items-4.00.00.00.00.00.00.0
Pretax Income121.2116.6156.6158.4208.1163.4105.4
+ Current Tax24.528.839.237.154.140.727.5
+ Deferred Tax2.91.41.01.1-1.73.7-3.7
Tax Expense27.430.240.238.252.444.423.9
Net Income93.886.4116.3120.2155.7119.081.5
+ Net Income — Continuing Ops93.886.4116.3120.2155.7119.081.5
+ Other Comprehensive Income0.10.0-0.3-0.40.20.00.2
Total Comprehensive Income93.986.4116.1119.8156.0119.081.7
Net Income to Common93.886.4116.3—155.7115.973.9
Minority Interest-0.0-0.10.0—0.03.17.6
Per Share
Basic EPS9.008.2911.1611.5014.9611.117.07
Diluted EPS8.988.2711.1311.5014.9411.097.07
Other Comprehensive Income — detail
+ Other Comprehensive Income0.1—-0.3-0.40.20.00.2
+ Items NOT to be Reclassified to P&L0.2—-0.4-0.6——0.3
+ Tax on Items NOT to be Reclassified0.0—0.0-0.1-0.3-0.00.1
+ Items to be Reclassified to P&L——————-0.0
+ Tax on Items to be Reclassified——-0.1—0.10.00.0
Comprehensive Income — Owners of Parent94.086.4116.0—0.2115.974.1
Comprehensive Income — Non-controlling Interests-0.0-0.10.0——3.17.6
Per Share — as-filed variants
Basic EPS — Continuing Operations9.008.2911.1611.5014.9611.117.07
Diluted EPS — Continuing Operations8.988.2711.1311.5014.9411.097.07
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit141.6133.2183.1178.0231.6204.6248.7
Gross Margin %29.7222.0823.6420.9221.0122.1423.51
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)125.2116.6156.6158.4208.1163.4105.4
− Exceptional Items (reconciliation)-4.00.00.00.00.00.00.0
Net Income Adj (tax-effected)96.986.4116.3120.2155.7119.081.5
EPS Adj9.308.2911.1611.5014.9611.117.07
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value2.002.002.002.002.002.002.00
Paid Up Equity Capital20.820.820.820.920.920.920.9
As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Waaree Renewable Technologies Q2 FY27 results (July–September 2026)

Filed with NSE on Monday, 19 October 2026 at 6:13 pm IST

Waaree Renewable Technologies (NSE: WAAREERTL) reported its Q2 FY27 results (July–September 2026) on Monday, 19 October 2026 at 6:13 pm IST. Consolidated net profit attributable to shareholders was ₹73.9 crore, down 36.5% from ₹116 crore in Q2 FY26 and down 36.2% from ₹116 crore in Q1 FY27. Revenue from operations was ₹1,058 crore, up 36.5% year on year and up 14.5% from the previous quarter.

Q2 FY26 results (a year earlier)
10 October 2025
Q3 FY27 results due by
14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders')
₹73.9 Cr−36.5% vs Q2 FY26−36.2% vs Q1 FY27Total incl. minority interest ₹81.5 Cr
Revenue from operations
₹1,058 Cr+36.5% vs Q2 FY26+14.5% vs Q1 FY27
Operating margin (EBIT)
12.6%−7.5 pts vs Q2 FY26−5.6 pts vs Q1 FY27EBIT ₹133 Cr
EBITDA
₹160 Cr+1.3% vs Q2 FY26−7.8% vs Q1 FY27margin 15.1%
Earnings per share (basic)
₹7.07−36.6% vs Q2 FY26−36.4% vs Q1 FY27
Net profit margin
7.0%−8.0 pts vs Q2 FY26−5.6 pts vs Q1 FY27

Questions

What was Waaree Renewable Technologies' net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹73.9 crore, down 36.5% from ₹116 crore in Q2 FY26 and down 36.2% from ₹116 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹81.5 crore.

What was Waaree Renewable Technologies' net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹190 crore, down 6.4% from ₹203 crore in the same months a year earlier. Revenue from operations was ₹1,982 crore, up 43.8%.

What is Waaree Renewable Technologies' net profit margin?

Waaree Renewable Technologies' net profit margin was 7.0% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 15.0% in Q2 FY26 (down 8.0 percentage points). For FY26 as a whole it was 14.4%.

What was Waaree Renewable Technologies' revenue in Q2 FY27?

Revenue from operations was ₹1,058 crore, up 36.5% year on year and up 14.5% from the previous quarter.

What was Waaree Renewable Technologies' EPS in Q2 FY27?

Basic earnings per share were ₹7.07, against ₹11.16 in Q2 FY26.

What was Waaree Renewable Technologies' revenue in FY26?

Revenue from operations was ₹3,331 crore in FY26 (April 2025–March 2026), up 108.5% from ₹1,598 crore in FY25.

How were Waaree Renewable Technologies' Q2 FY27 results?

Revenue grew from a year earlier while net profit fell: revenue was up 36.5% at ₹1,058 crore, and net profit was down 36.5% at ₹73.9 crore. The operating margin was 12.6%, down 7.5 percentage points from 20.1% a year earlier. Against Q1 FY27, net profit was down 36.2% and revenue up 14.5%.

How has Waaree Renewable Technologies' profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹120 crore in Q3 FY26, ₹156 crore in Q4 FY26, ₹116 crore in Q1 FY27 and ₹73.9 crore in Q2 FY27. That is ₹466 crore over the four quarters. Revenue from operations: ₹851 crore, ₹1,102 crore, ₹924 crore and ₹1,058 crore.

When will Waaree Renewable Technologies announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

What was Waaree Renewable Technologies' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹133 crore, a margin of 12.6%, against 18.1% in Q1 FY27 and 20.1% in Q2 FY26. EBITDA was ₹160 crore, 15.1% of revenue.

What was Waaree Renewable Technologies' net profit in FY26?

Consolidated net profit attributable to shareholders was ₹479 crore in FY26 (April 2025–March 2026), up 108.9% from ₹229 crore in FY25.

When did Waaree Renewable Technologies announce its Q2 FY27 results?

On Monday, 19 October 2026 at 6:13 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 10 October 2025.

Where do these Waaree Renewable Technologies figures come from?

From Waaree Renewable Technologies' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 19 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.