WAAREERTLNSEWaaree Renewable Technologies LimitedMediumNeutral
Announced Thu, 16 Apr · 19:59 IST

Waaree Renewable Technologies Limited has informed the Exchange about Appointment of Internal Auditor for FY 2026-27

Management Changes View source PDF

WAAREERTL · price

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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹1064.00
prior close
₹1080.15
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.3+7.2+8.5+8.7+1.3+0.4+2.8+0.2-3.4-0.7-5.3-12.0-8.8-6.5
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AI summary

Waaree Renewable Technologies Limited's board approved audited financial results for FY 2025-26. Consolidated revenue doubled to Rs 33,314 lakhs from Rs 15,971 lakhs, while consolidated net profit nearly doubled to Rs 4,716 lakhs from Rs 2,289 lakhs. Standalone net profit stood at Rs 4,825 lakhs. The company appointed M/s KC Mehta & Co. LLP as internal auditor for FY 2026-27 and re-appointed M/s KKC & Associates LLP as statutory auditors for 5 years. Auditors issued unmodified opinions. Total assets grew to Rs 23,738 lakhs from Rs 11,201 lakhs year-on-year.

Likely market impact

Strong financial performance with doubled revenue and profits reflects robust growth in the EPC contracts segment. The appointment of new internal auditor and re-appointment of statutory auditors is routine governance and should have neutral impact on the stock. The clean audit opinion with unmodified reports is positive.