Waaree Renewable Technologies Ltd — Important, 30-07-2026: Company Update

Waaree Renewable Technologies reported strong financial results for the quarter, with revenue growing 53.23% to INR 924.25 Cr and profit after tax increasing 37.7% to INR 118.97 Cr. The company completed a strategic acquisition of a 55% stake in Associated Power Structures, marking its entry into the power transmission and distribution (T&D) segment. This move diversifies its EPC business, tapping into growing demand for grid infrastructure to support renewable energy. Waaree Renewable Technologies executed 888.81 MWp projects during the quarter and holds a consolidated unexecuted order book of INR 5,300 Cr, offering solid future visibility.