WAAREERTLNSEWaaree Renewable Technologies LimitedMediumNeutral
Announced Thu, 16 Apr · 20:01 IST

Waaree Renewable Technologies Limited has informed the Exchange about Appointment of Statutory Auditors for a period of 5 consecutive years

Management Changes View source PDF

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AI summary

Waaree Renewable Technologies Limited held its Board meeting on April 16, 2026, and approved the audited financial results for Q4 and FY ended March 31, 2026. The company reported consolidated revenue of Rs 3,33,142.22 lakhs, more than doubling from Rs 1,59,774.79 lakhs in the previous year. Net profit surged to Rs 47,863.59 lakhs from Rs 22,892.47 lakhs year-over-year. Total assets more than doubled to Rs 2,37,379.36 lakhs from Rs 1,12,012.33 lakhs. The Board also re-appointed M/s KKC & Associates LLP as Statutory Auditors for 5 consecutive years (from 27th to 32nd AGM) and appointed M/s KC Mehta & Co. LLP as Internal Auditor for FY 2026-27. The audit reports carry an Unmodified Opinion.

Likely market impact

Strong financial performance with revenue and profit more than doubling indicates robust business growth. The 5-year re-appointment of the statutory auditor provides continuity in audit oversight, which is positive for governance reliability.