Archive · 23 Jan 2026
Waaree Energies Q3 Profit Surges 124%
Waaree Energies, a big solar company in India, had a really great third quarter.
They made a lot more money than last year, with their profit going up by 124%.
This happened because they sold more solar panels and did a lot more work on building solar projects.
Their boss, Amit Paithankar, said they are doing really well and have a lot of orders for the future.
They are also working on making other clean energy things like batteries and green hydrogen.
The company is doing so well that they think they can make even more money in the future and help India use more clean energy.
Their shares also went up by 10% because of these good results.
Waaree Energies reported a 124% year-on-year surge in consolidated net profit to ₹1,107 crore for Q3 FY26.
Consolidated revenue from operations rose 118% year-on-year to ₹7,565 crore.
Solar module sales revenues jumped 125% year-on-year, driven by higher volumes and improved capacity utilization.
The EPC segment saw a 139% growth during the quarter as project execution accelerated.
Waaree Energies achieved 1 GW plus of module production and sales in a single month, with a record order inflow of ₹60,000 crore.
- Who
- Waaree Energies, an Indian solar manufacturer
- What
- Reported a 124% year-on-year surge in consolidated net profit for Q3
- When
- December quarter of FY26, reported on January 21, 2026
- Where
- Mumbai, India
- Why
- Due to strong solar module sales and EPC activity
- Company
- Waaree Energies
- Profit Surge
- 124% year-on-year
- Revenue Growth
- 118% year-on-year
- EBITDA Growth
- 167.16% year-on-year
- EBITDA Margin
- 25.49%
- Order Book
- ₹60,000 crore
- Module Production
- 1 GW plus in a single month
- CEO
- Amit Paithankar
- Module Production (Q3)
- 3.51 GW
- Cell Production (Q3)
- 0.75 GW
Sources
Waaree Energies Q3 profit surges 124% on strong solar module, EPC sales
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Waaree Energies Net Profit Soars To ₹1,107 Crore In Q3 FY26, Revenue Rises 119% YoY To ₹7,565 Crore
Waaree Energies share price jumps 10% after Q3 results. Should you buy or sell?
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