Conference Call with Waaree Energies Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Electrical Equipment & Products company Waaree Energies announced Q3FY25 results Total Income: Rs 35,452.65 million compared to Rs 16,517.74 million during Q3FY24, change 114.63%. EBITDA: Rs 8,097.05 million compared to Rs 2,268.24 million during Q3FY24, change 256.97%. EBITDA Margin: 22.84% for Q3FY25. PAT: Rs 5,068.76 million compared to Rs 1,408.06 million during Q3FY24, change 259.98%. PAT Margin: 14.30% for Q3FY25. Amit Paithankar, Whole Time Director & CEO, Waaree Energies, said: “As an energy transition company, we see immense opportunities and are well positioned to tap into new business areas. Our solar business continues to be strong and we are rapidly advancing in the adjacencies of energy storage systems, green hydrogen, inverters and renewable infrastructure. The momentum in this space is stronger than ever, and we are well-positioned to capitalize on it. We continue to build on our strengths, enhancing scalability and internal efficiencies, which has clearly reflected in our 9MFY25 performance. Strong execution and disciplined growth remain at the core of our strategy. The US contributed ~15-20% of our revenue mix. As we expand globally, we are strengthening our presence in high-potential regions, ensuring that we stay ahead of the curve in this fast-evolving industry. We are excited about the road ahead and remain committed to driving meaningful change in the energy landscape." Result PDF