Archive · 12 Nov 2025
Waaree Energies Secures 360 MW Solar Module Supply Order, Reports Strong Financials
Waaree Energies, a company that makes solar panels, has some good news.
They just got a big order to supply solar panels for a project that will be 360 megawatts.
This is a one-time deal that they will finish by March 2026.
The company also did very well financially in the last three months.
Their profits more than doubled compared to last year, and they made much more money from selling their products.
Even though they got this new big order, their stock price only went up a little bit on Wednesday.
Waaree Energies has secured a domestic order to supply 360 MW of solar modules.
The order is a one-time supply expected to be completed by the financial year 2025–26.
The modules will be supplied to a developer and owner-operator of solar and energy storage projects.
Waaree Energies' net profit in the September quarter more than doubled year-on-year to Rs 843 crore.
Revenue from operations surged 69.7% YoY to Rs 6,066 crore in the September quarter.
- Who
- Waaree Energies Ltd
- What
- Secured a 360 MW solar module supply order and reported strong financial results.
- When
- Order announced Tuesday, November 11; financial results for the September quarter; shares focused on Wednesday.
- Where
- Domestic order; shares traded on BSE.
- Why
- Company announced a significant new order and released its quarterly financial performance.
Waaree Energies
Market Sentiment
New Order Impact
Waaree Energies
Secured a significant 360 MW solar module supply order from a major developer, indicating continued business growth.
Market Sentiment
Shares closed marginally higher, suggesting a mixed or stable market reaction to the announcement, despite the order win.
- Company
- Waaree Energies Ltd
- Order Type
- One-time supply order for solar modules
- Order Capacity
- 360 MW
- Completion Timeline
- Within financial year 2025–26
- Customer Type
- Developer and owner-operator of utility-scale solar and energy storage projects
- September Quarter Net Profit
- Rs 843 crore (up from Rs 362 crore YoY)
- September Quarter Revenue
- Rs 6,066 crore (up 69.7% YoY)
- Share Price (Tuesday Close)
- Rs 3,319.45 (up 0.14%)
