Waaree Energies Limited — Important, 28-07-2025: General Updates

Waaree Energies reported robust Q1 FY26 results with consolidated revenue at ₹ 4,425.83 Cr and net profit soaring to ₹ 745.20 Cr. The board approved a significant ₹ 2,754 Cr Capex for new 4 GW cell and 4 GW ingot wafer plants in Gujarat and Maharashtra, respectively, reinforcing growth plans. The company also acquired Voltshift Energy Transition for ₹ 1 Lakh, marking its entry into the transformer business. Discussions are ongoing for the potential acquisition of Enel Green Power India Private Limited, which could add further renewables capacity.