Waaree Energies | Q2 FY27 Results: Revenue Grows....

Key Highlights:** - **Revenue:** ₹7,517.7 Cr (+23.9% YoY) - **Operating EBITDA:** ₹1,335.2 Cr (-5.1% YoY) - **EBITDA Margin:** 17.8% vs 23.2% - **PAT:** ₹753.6 Cr (-14.2% YoY) - **H1 FY27 Revenue:** ₹15,449.5 Cr (+47.3% YoY) - **Order Book:** ~₹59,200 Cr - **Operating Cash Flow:** ₹3,483.6 Cr in H1 FY27 **Business Highlights:** - Retail revenue grew 191% YoY in H1 FY27. - Solar module production reached 6.3 GW in H1 FY27. - Advanced BESS container manufacturing commenced in Gujarat. - US manufacturing capacity expansion of 0.6 GW approved. **Investor Insight:** Strong revenue growth, a robust order book and improved operating cash flow support the growth outlook. However, declining quarterly EBITDA and PAT, alongside margin compression, remain key concerns. Execution and margin recovery will be important to monitor. *For information purposes only. Not investment advice.*