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SASI KUMAR SEBI RA

13th Oct · SEBI-Registered Analyst

Waaree Renewables Q2 FY26 – Strong Growth in Revenue and Profitability.

Waaree Renewable Technologies delivered an impressive performance in Q2 FY26. Sales jumped 48% YoY to ₹775 crore, driven by robust demand for solar energy solutions. Operating profit (EBIDT) surged 121% YoY to ₹158 crore, reflecting strong operational efficiency and better cost management. Net profit soared 117% YoY to ₹116 crore, while EPS doubled 117% to ₹11.16, showcasing a solid improvement in profitability. At a stock price of ₹1,133, with a market cap of ₹11,813 crore and a PE ratio of 33.5, the company continues to demonstrate high growth potential in India’s renewable energy sector.

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