Waaree Energies posted Q1 revenue of ₹4,425.83 Cr and net profit of ₹745.20 Cr (consolidated). The board approved a significant ₹2,754 Cr Capex to establish new 4GW cell and 4GW ingot wafer plants in Gujarat and Maharashtra, a strategic shift from the original Odisha plan. The company also acquired Voltshift Energy for ₹0.01 Cr to launch a transformer business. Meanwhile, the ₹792 Cr acquisition of Enel Green Power India was not completed by the deadline, with discussions continuing.