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WAAREE RENEWABLE TECHNOLOGIES
Quarterly Results Analysis [Sep2025]

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WAAREE RENEWABLE TECHNOLOGIES Quarterly Results

Consolidated Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
Audited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
UnAudited
Dec2023
Audited
Revenues ₹775 Cr ₹603 Cr ₹477 Cr ₹360 Cr ₹524 Cr ₹236 Cr ₹273 Cr ₹324 Cr
Expenses ₹617 Cr ₹486 Cr ₹350 Cr ₹288 Cr ₹453 Cr ₹195 Cr ₹198 Cr ₹236 Cr
Operating Income ₹158 Cr ₹118 Cr ₹126 Cr ₹72 Cr ₹72 Cr ₹41 Cr ₹75 Cr ₹88 Cr
Other Income ₹4 Cr ₹5 Cr ₹5 Cr ₹4 Cr ₹3 Cr ₹3 Cr ₹2 Cr ₹0 Cr
Interest ₹4 Cr ₹4 Cr ₹4 Cr ₹3 Cr ₹4 Cr ₹3 Cr ₹4 Cr ₹0 Cr
Depreciation ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr ₹2 Cr
Profit Before Tax ₹157 Cr ₹117 Cr ₹121 Cr ₹71 Cr ₹69 Cr ₹39 Cr ₹72 Cr ₹86 Cr
Profit After Tax ₹116 Cr ₹86 Cr ₹94 Cr ₹53 Cr ₹54 Cr ₹28 Cr ₹51 Cr ₹64 Cr
EPS ₹11.16 ₹8.29 ₹9.00 ₹5.13 ₹5.14 ₹2.72 ₹4.93 ₹6.17
Industry Peers & Returns1W1M1Y
WAAREE RENEWABLE TECHNOLOGIES -3% 5.4% -28.7%
NTPC -1.2% -2.7% -19.2%
POWER GRID CORPORATION OF INDIA -4.1% -6.5% -15.3%
ADANI POWER -4.6% 1.5% 24.4%
ADANI GREEN ENERGY -3.9% -0.7% -36.6%
TATA POWER COMPANY -1.3% 1.9% -8.8%
ADANI ENERGY SOLUTIONS 0.4% 6.1% -5.5%
JSW ENERGY -0.1% -2.9% -20.3%
NHPC -2.6% -5.5% 2.7%

WAAREE RENEWABLE TECHNOLOGIES Quarterly Revenues

Revenues
Q-o-Q

28.45 %

Y-o-Y

47.73 %

Quarters Revenues % Change
Sep2025 ₹775 Cr
28.45
Jun2025 ₹603 Cr
26.57
Mar2025 ₹477 Cr
32.26
Dec2024 ₹360 Cr
-31.29
Sep2024 ₹524 Cr
121.90
Jun2024 ₹236 Cr
-13.52
Mar2024 ₹273 Cr
-15.69
Dec2023 ₹324 Cr -

WAAREE RENEWABLE TECHNOLOGIES Quarterly Operating Profit

Operating Profit
Q-o-Q

34.37 %

Y-o-Y

120.69 %

Quarters Operating Profit % Change
Sep2025 ₹158 Cr
34.37
Jun2025 ₹118 Cr
-6.96
Mar2025 ₹126 Cr
75.65
Dec2024 ₹72 Cr
0.50
Sep2024 ₹72 Cr
74.22
Jun2024 ₹41 Cr
-45.44
Mar2024 ₹75 Cr
-14.25
Dec2023 ₹88 Cr -
Operating Margins
Q-o-Q

4.62 %

Y-o-Y

49.38 %

Quarters Operating Margin% % Change
Sep2025 20.39%
4.62
Jun2025 19.49%
-26.48
Mar2025 26.51%
32.82
Dec2024 19.96%
46.23
Sep2024 13.65%
-21.46
Jun2024 17.38%
-36.91
Mar2024 27.55%
1.70
Dec2023 27.09% -

WAAREE RENEWABLE TECHNOLOGIES Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

34.68 %

Y-o-Y

117.40 %

Quarters Profit After Tax % Change
Sep2025 ₹116 Cr
34.68
Jun2025 ₹86 Cr
-7.87
Mar2025 ₹94 Cr
75.32
Dec2024 ₹53 Cr
-0.07
Sep2024 ₹54 Cr
90.03
Jun2024 ₹28 Cr
-45.12
Mar2024 ₹51 Cr
-20.11
Dec2023 ₹64 Cr -
PAT Margins
Q-o-Q

4.89 %

Y-o-Y

47.25 %

Quarters PAT Margin(%) % Change
Sep2025 15.02 %
4.89
Jun2025 14.32 %
-27.20
Mar2025 19.67 %
32.55
Dec2024 14.84 %
45.49
Sep2024 10.2 %
-14.43
Jun2024 11.92 %
-36.53
Mar2024 18.78 %
-5.20
Dec2023 19.81 % -

WAAREE RENEWABLE TECHNOLOGIES Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

34.62 %

Y-o-Y

117.12 %

Quarters EPS % Change
Sep2025 ₹11.16
34.62
Jun2025 ₹8.29
-7.89
Mar2025 ₹9
75.44
Dec2024 ₹5.13
-0.19
Sep2024 ₹5.14
88.97
Jun2024 ₹2.72
-44.83
Mar2024 ₹4.93
-20.10
Dec2023 ₹6.17 -

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