Conference Call with Waaree Energies Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Electrical Equipment & Products company Waaree Energies announced Q1FY26 results Reported quarterly revenue of Rs 4,597.18 crore, marking a 31.48% YoY growth EBITDA for the quarter stood at Rs 1,168.67 crore, reporting a growth of 82.61% YoY with margins of 25.42% Profit After Tax (PAT) of Rs 772.89 crore, a 92.68% YoY growth Achieved highest ever quarterly module production of 2.3 GW in Q1 FY26, driven by strong operational focus; Cell production continues to ramp up. Commenting on the results Dr. Amit Paithankar, Whole Time Director & CEO, Waaree Energies said: “Waaree Energies Ltd. continues to deliver strong operational performance in Q1 FY26, building on the momentum of the previous fiscal. On the demand side we have a robust order book of ~Rs 49,000 crore and a global pipeline of 100+ GW, reflecting positive market sentiments across key geographies. This quarter, Waaree achieved its highest-ever production of modules at 2.3 GW, underscoring the success of our efforts to improve production efficiency. Our factory build-out projects in India and the U.S. remain on track. A strong and sharp focus on costs and profitability is reflected in our financials. We maintain our FY26 EBITDA guidance of Rs 5,500 to Rs 6,000 crore.” Result PDF