In a notable development within the financial landscape, Waaree Renewables has reported impressive financial results for the quarter ending March 2025. The company, operating in the electric equipment sector, has demonstrated a significant turnaround in its performance metrics, reflecting a positive trajectory in its operations.
For the March quarter, Waaree Renewables achieved a remarkable growth in profit after tax (PAT), reaching Rs 96.92 crore, which marks an impressive increase of 88.8% compared to previous periods. Additionally, net sales surged to Rs 476.58 crore, showcasing a robust growth rate of 74.37%. The company also reported its highest figures in several key performance indicators, including profit before tax (PBT) and earnings per share (EPS), which stood at Rs 120.33 crore and Rs 9.00, respectively.

This strong performance has led to an adjustment in evaluation for Waaree Renewables, reflecting a shift from a bearish outlook to a mildly bearish stance. As the company continues to navigate the competitive landscape, its recent results position it favorably among its peers, particularly within the large-cap segment, where the overall positive results have been noted at 50%.

As the market anticipates further developments, Waaree Renewables remains a focal point for investors looking to capitalize on growth within the renewable energy sector.