Waaree Renewable Q3 PAT jumps 125% YoY; board approves 120 MWp solar park

Revenue Growth 20pctPat Growth 25pctResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.9%Reaction day

₹972.00

prior close

₹980.00

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-3.5% vs market

Other Electrical Equipment peers, median of 46sector-0.0%-3.9% vs sector

On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.9 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 46Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Consolidated revenue from operations for Q3 FY26 rose to Rs 851 crore from Rs 360 crore YoY, a 136% jump. PAT grew 125% to Rs 120 crore versus Rs 53 crore. For 9M FY26, revenue nearly doubled to Rs 2,229 crore and PAT surged 139% to Rs 323 crore. EPS for 9M stood at Rs 30.95 versus Rs 12.99. Board also approved setting up an 80 MWac/120 MWp solar power park at Buldhana, Maharashtra.

Likely market impact

Strong YoY growth in revenue and profits signals robust order execution; new 120 MWp solar park expands the future project pipeline.