27-Oct-2026 21:28:02

WAAREE ENERGIES Q2 : CONS NET PROFIT DOWN 14.2% AT RS 753.6 CR (YOY); APPROVES $37 MN US FACILITY EXPANSION

• Revenue up 23.9% at ₹7,517.7 Cr (YoY); H1 FY27 revenue up 47.3% at ₹15,449.5 Cr. • EBITDA down 5.1% at ₹1,335.2 Cr (YoY); margins 17.8% v 23.2% (YoY). • H1 FY27 PAT at ₹1,645.5 Cr, down 0.3% (YoY); operating cash flow ₹3,483.6 Cr, up 506.1% (YoY); orderbook ~₹59,200 Cr. • Board approved ~$37 Mn expansion of Meyer Berger facility at Arizona, USA, adding 0.6 GW for total 4.8 GW US capacity by March 2027; retail revenue up 191% at ₹5,753.0 Cr in H1 FY27. Impact: US capacity addition and orderbook support growth, while Q2 profit and margins declined YoY.

Waaree Energies Limited

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