Waaree Energies' Q1 FY 2025-26 Quarter Results
- 2d ago
Result Summary
- Waaree Energies Ltd reported a 52.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 31.5%.
- Its expenses for the quarter were up by 38.3% QoQ and 23.2% YoY.
- The net profit increased 62.7% QoQ and increased 92.7% YoY.
- The earnings per share (EPS) of Waaree Energies Ltd stood at 25.9 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4597.18 | 3007.44 | 3496.41 | 52.9% | 31.5% |
Total Expenses | 3653.82 | 2641.06 | 2965.88 | 38.3% | 23.2% |
Profit Before Tax | 943.36 | 658.62 | 530.53 | 43.2% | 77.8% |
Tax | 170.47 | 183.44 | 129.40 | -7.1% | 31.7% |
Profit After Tax | 772.89 | 475.17 | 401.12 | 62.7% | 92.7% |
Earnings Per Share | 25.90 | 0.00 | 14.90 | - | 73.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Waaree Energies Ltd is a prominent company engaged in the renewable energy sector, primarily focusing on the production of solar products and solutions. The company is known for its extensive range of solar photovoltaic modules, which are pivotal in harnessing solar energy for various applications. As part of the broader renewable energy industry, Waaree Energies Ltd is positioned to cater to the increasing demand for sustainable and eco-friendly energy solutions. There are no specific recent developments available within the dataset that pertain to the company. However, as a key player in the renewable energy sector, Waaree Energies Ltd continues to focus on innovation and expansion to meet the growing needs of the industry.
Revenue
During Q1FY26, Waaree Energies Ltd reported a total income of ₹4597.18 crores, a significant increase from ₹3007.44 crores in Q4FY25 and ₹3496.41 crores in Q1FY25. This represents a quarter-over-quarter (QoQ) growth of 52.9% and a year-over-year (YoY) growth of 31.5%. The substantial increase in revenue highlights the company's growing market presence and its ability to capitalize on the demand for renewable energy solutions. The financial data does not specify the sources of this income, whether from product sales, services, or other activities, but the overall growth suggests a strong performance in this quarter.
Profitability
In terms of profitability, Waaree Energies Ltd achieved a profit before tax of ₹943.36 crores in Q1FY26, up from ₹658.62 crores in Q4FY25 and ₹530.53 crores in Q1FY25. This marks a QoQ increase of 43.2% and a YoY increase of 77.8%. The profit after tax for Q1FY26 was ₹772.89 crores, compared to ₹475.17 crores in Q4FY25 and ₹401.12 crores in Q1FY25, showing a significant QoQ growth of 62.7% and a YoY growth of 92.7%. The tax expenses for Q1FY26 were ₹170.47 crores, depicting a reduction from Q4FY25, which recorded ₹183.44 crores, while increasing from ₹129.40 crores in Q1FY25. The earnings per share (EPS) for Q1FY26 was noted at ₹25.90, up from ₹14.90 in Q1FY25, though there was no value reported for Q4FY25. These figures underscore the company's enhanced profitability over the periods compared.
Operating Metrics
Total expenses for Waaree Energies Ltd in Q1FY26 amounted to ₹3653.82 crores, rising from ₹2641.06 crores in Q4FY25 and ₹2965.88 crores in Q1FY25. This reflects a QoQ growth of 38.3% and a YoY increase of 23.2%. The company’s operating efficiency can be assessed through its ability to manage these expenses relative to its revenue growth, although specific operational metrics such as the debt-to-equity ratio, current ratio, or other efficiency-related ratios are not provided in the dataset. The financial data indicates a trend where increased revenues have been accompanied by an increase in expenses, yet profitability metrics have shown a substantial rise, suggesting effective cost management despite increased operational outlays.