Conference Call with Waaree Renewable Technologies Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Electric Utilities company Waaree Renewable Technologies announced Q2FY26 results Revenue for Q2FY26 stood at Rs 774.78 crore representing a growth of 47.73% YoY as compared to Rs 524.47 crore in Q2FY25. EBITDA for Q2FY26 stood at Rs 157.94 crore as compared to Rs 71.57 crore in Q2FY25 representing a growth of 120.69% YoY. PAT for Q2FY26 stood at Rs 116.34 crore as compared to Rs 53.52 crore in Q2FY25 representing a growth of 117.40% YoY. Manmohan Sharma, CFO, Waaree Renewable Technologies, said: “We are pleased to report highest ever quarterly revenue of Rs 774.78 crore for Q2FY26, compared to Rs 524.47 crore in Q2FY25, delivering a robust growth of 47.73%. The substantial growth in the numbers is a result of our execution capabilities and increasing sector performance. India’s renewable energy momentum continues to build, with total installed capacity reaching 256.1 GW as of September 2025 marking a significant milestone in its clean energy transition reaching halfway to the 500 GW target of 2030 and further aligning with India’s long-term net-zero vision. Solar energy accounts for 127.33 GW of the total renewable installed capacity, underscoring its pivotal role in the country’s clean energy transition, driven by robust policy support, and ambitious national targets. India’s solar EPC sector is also rapidly evolving and our integrated capabilities place us at the forefront of this transformation. With a robust solar EPC unexecuted orderbook of 3.48 GWp, we are strategically positioned to execute large-scale, integrated energy projects and lead India’s energy transition by serving value across the lifecycle from design and delivery to commissioning and O&M.; Further the company is also building substation and transmission line for specific solar power project.” Result PDF