Waaree Renewable Technologies reports 155% revenue growth in Q1

Waaree Renewable Technologies Limited reported Q1 FY26 revenue of INR603.19 crores, marking 155.20% year-on-year growth. EBITDA rose 186.14% to INR117.54 crores, while PAT increased 206.77% to INR86.39 crores.

The company executed 699 MWp of EPC projects during the quarter and maintains an unexecuted order book of 3.15 GWp. It is exploring opportunities in hybrid projects, battery energy storage systems, and green hydrogen, with 40 MWh worth of BESS projects in its current order book.