Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Net Sales
18,056.52
10,440.57
8,461.77
Other Operating Income
0.00
0.00
0.00
Total Operating income
18,056.52
10,440.57
8,461.77
Raw Material Cost
10,172.31
5,853.62
6,485.64
Purchase of Finished goods
1,844.13
1,009.11
612.41
(Increase) / Decrease In Stocks
-1,252.36
717.78
-527.12
Employee Cost
455.54
215.25
112.86
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
1,064.00
223.97
184.17
Selling and Distribution Expenses
1,441.02
621.78
437.74
Other Expenses
0.00
0.00
-0.01
Total Expenditure (Excl Depreciation)
13,724.64
8,641.51
7,305.69
Operating Profit (PBDIT) excl Other Income
4,331.88
1,799.06
1,156.08
Other Income
528.43
264.58
163.55
Operating Profit (PBDIT)
4,860.31
2,063.64
1,319.63
Interest
232.61
95.38
91.50
Exceptional Items
-294.78
0.00
49.11
Gross Profit (PBDT)
4,332.92
1,968.26
1,277.24
Depreciation
689.08
249.08
201.66
Profit Before Tax
3,643.84
1,719.18
1,075.58
Tax
885.95
435.52
276.38
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
2,757.89
1,283.66
799.20
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
2,757.89
1,283.66
799.20
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
-19.02
-6.80
9.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
2,650.21
1,248.48
775.65
Equity Capital
287.64
287.28
261.74
Face Value
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
Diluted Earnings per share
36.89
18.33
4.88
Operating Profit Margin (Excl OI)
23.99%
17.23%
13.66%
Gross Profit Margin
24.0%
18.85%
15.09%
PAT Margin
15.27%
12.29%
9.44%
Public Share Holdings (%)
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is 72.95% vs 23.39% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is 112.27% vs 60.96% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is 140.79% vs 55.62% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is 143.88% vs 4.24% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024
Compare Nine Monthly Results Of Waaree Energies With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
18,056.52
16,299.31
1,757.21
10.78%
Other Operating Income
0.00
0.00
0.00
Total Operating income
18,056.52
16,299.31
1,757.21
10.78%
Raw Material Cost
10,172.31
13,229.65
-3,057.34
-23.11%
Purchase of Finished goods
1,844.13
79.61
1,764.52
2,216.46%
(Increase) / Decrease In Stocks
-1,252.36
-405.50
-846.86
-208.84%
Employee Cost
455.54
313.61
141.93
45.26%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
1,064.00
0.00
1,064.00
Selling and Distribution Expenses
1,441.02
0.00
1,441.02
Other Expenses
0.00
1,724.35
-1,724.35
-100.00%
Total Expenditure (Excl Depreciation)
13,724.64
14,941.72
-1,217.08
-8.15%
Operating Profit (PBDIT) excl Other Income
4,331.88
1,357.59
2,974.29
219.09%
Other Income
528.43
67.53
460.90
682.51%
Operating Profit (PBDIT)
4,860.31
1,425.12
3,435.19
241.05%
Interest
232.61
300.32
-67.71
-22.55%
Exceptional Items
-294.78
-24.99
-269.79
-1,079.59%
Gross Profit (PBDT)
4,332.92
1,099.81
3,233.11
293.97%
Depreciation
689.08
118.65
570.43
480.77%
Profit Before Tax
3,643.84
981.15
2,662.69
271.38%
Tax
885.95
257.59
628.36
243.94%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
2,757.89
723.57
2,034.32
281.15%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
2,757.89
723.57
2,034.32
281.15%
Share in Profit of Associates
0.00
-0.03
0.03
100.00%
Minority Interest
-19.02
0.00
-19.02
Other related items
0.00
0.00
0.00
Consolidated Net Profit
2,650.21
723.54
1,926.67
266.28%
Equity Capital
287.64
40.17
247.47
616.06%
Face Value
10.00
10.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
24.00%
6.75%
0.00
17.25%
PAT Margin
15.27%
4.44%
0.00
10.83%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 18,056.52 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 72.95% vs 23.39% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 2,650.21 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 112.27% vs 60.96% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 4,331.88 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 140.79% vs 55.62% in Dec 2024
Nine Monthly - Interest
Interest 232.61 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 143.88% vs 4.24% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 23.99%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024






