Electrical Equipment & Products company Waaree Energies announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Production of 2.06 GW in Q4FY25 vs 1.35 GW for Q4FY24, a result of strong operational focus. Revenue for the quarter stood at Rs 4,140.92 crore reporting a growth of 37.69% YoY. EBITDA: Rs 1,059.57 crore compared to Rs 489.94 crore during Q4FY24, change 116.27%. PAT of Rs 648.49 crore reported a substantial growth of 254.49% YoY. FY25 Financial Highlights: Production of 7.13 GW in FY25 vs 4.77 GW for FY24. Revenue for the year stood at Rs 14,846.06 crore reporting a growth of 27.62% YoY. EBITDA: Rs 3,123.20 crore compared to Rs 1,809.60 crore during Q4FY24, change 72.59%. PAT of Rs 1,932.15 crore reported a substantial growth of 107.08% YoY. Amit Paithankar, Whole Time Director & CEO, Waaree Energies, said: “FY25 marks a pivotal inflection point in Waaree’s journey- a year where our strategy, scale, and execution converged to deliver industry-leading EBITDA performance of Rs 3,123.20 crore. This performance underscores the strength of our execution capabilities and the quality of order book, with centred focus on margins. We see encouraging demand trends, which bodes well for future growth. Waaree is focused on both backward and forward integration, reflected in our expansion and investment plans including cell, ingot and wafer manufacturing, battery energy storage system, power infrastructure and inverters. Our 1.6 GW module manufacturing facility is operational in Brookshire, Texas, USA. This reinforces our commitment to the American market and underlines our local-for-local manufacturing philosophy. Our strategy of local manufacturing and supply chain management will help us navigate through the changing policy environment. Furthermore, our EBITDA outlook for FY26 stands at Rs 5,500 crore to Rs 6,000 crore. The quality of our order book and execution capabilities will enable us to achieve these numbers.” Result PDF