Waaree Energies Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Mar'24

Net Sales

6,065.64

4,425.83

4,003.93

3,457.29

3,574.38

3,408.90

2,935.84

Other Operating Income

0.00

Total Operating income

6,065.64

4,425.83

4,003.93

3,457.29

3,574.38

3,408.90

2,935.84

Raw Material Cost

3,198.96

2,962.43

2,409.57

1,908.48

2,148.87

1,796.28

1,870.85

Purchase of Finished goods

932.62

614.02

264.73

327.18

475.36

206.57

352.90

(Increase) / Decrease In Stocks

-406.78

-760.07

-64.99

127.84

79.66

510.28

-34.87

Employee Cost

152.51

135.28

102.92

85.17

66.75

63.33

64.29

Power Cost

0.00

Manufacturing Expenses

229.72

185.27

106.98

76.20

78.53

69.24

69.88

Selling and Distribution Expenses

552.21

291.58

262.14

210.69

200.36

210.73

194.45

Other Expenses

0.00

-0.00

-0.01

0.00

Total Expenditure (Excl Depreciation)

4,659.24

3,428.51

3,081.35

2,735.56

3,049.53

2,856.42

2,517.50

Operating Profit (PBDIT) excl Other Income

1,406.40

997.32

922.58

721.73

524.85

552.48

418.34

Other Income

160.90

171.35

136.99

87.98

89.09

87.51

71.60

Operating Profit (PBDIT)

1,567.30

1,168.67

1,059.57

809.71

613.94

639.99

489.94

Interest

96.08

43.25

56.72

30.85

30.83

33.70

48.41

Exceptional Items

0.00

-4.02

0.00

292.23

Gross Profit (PBDT)

1,471.22

1,125.42

998.83

778.86

583.11

606.29

733.76

Depreciation

239.76

182.06

153.38

89.05

84.27

75.77

75.15

Profit Before Tax

1,231.46

943.36

845.45

689.81

498.84

530.53

658.61

Tax

353.25

170.47

200.99

182.93

123.18

129.40

183.45

Provisions and contingencies

0.00

Profit After Tax

878.21

772.89

644.46

506.88

375.66

401.13

475.16

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

878.21

772.89

644.46

506.88

375.66

401.13

475.16

Share in Profit of Associates

0.00

Minority Interest

35.66

27.69

25.55

14.19

14.01

6.99

13.64

Other related items

0.00

Consolidated Net Profit

842.55

745.20

618.91

492.69

361.65

394.14

461.52

Equity Capital

287.64

287.28

263.33

263.14

262.96

Face Value

10.0

Reserves

0.00

9,191.92

0.00

Earnings per share (EPS)

29.29

25.94

21.54

17.15

13.73

14.98

17.55

Diluted Earnings per share

29.27

25.84

21.51

18.33

13.71

14.93

17.85

Operating Profit Margin (Excl OI)

23.19%

22.53%

23.04%

20.88%

14.68%

16.21%

14.25%

Gross Profit Margin

24.25%

25.43%

24.95%

22.53%

16.31%

17.79%

24.99%

PAT Margin

14.48%

17.46%

16.1%

14.66%

10.51%

11.77%

16.18%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Sep 2025 is 37.05% vs 10.54% in Jun 2025

Consolidate Net Profit

QoQ Growth in quarter ended Sep 2025 is 13.06% vs 20.41% in Jun 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Sep 2025 is 41.02% vs 8.10% in Jun 2025

Interest

QoQ Growth in quarter ended Sep 2025 is 122.15% vs -23.75% in Jun 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Sep 2025 has improved from Jun 2025

Compare Quarterly Results Of Waaree Energies With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

6,065.64

1,836.87

4,228.77

230.22%

Other Operating Income

0.00

Total Operating income

6,065.64

1,836.87

4,228.77

230.22%

Raw Material Cost

3,198.96

1,270.64

1,928.32

151.76%

Purchase of Finished goods

932.62

97.39

835.23

857.61%

(Increase) / Decrease In Stocks

-406.78

-283.95

-122.83

-43.26%

Employee Cost

152.51

38.98

113.53

291.25%

Power Cost

0.00

Manufacturing Expenses

229.72

14.93

214.79

1,438.65%

Selling and Distribution Expenses

552.21

0.00

552.21

Other Expenses

0.00

138.00

-138.00

-100.00%

Total Expenditure (Excl Depreciation)

4,659.24

1,275.99

3,383.25

265.15%

Operating Profit (PBDIT) excl Other Income

1,406.40

560.88

845.52

150.75%

Other Income

160.90

84.50

76.40

90.41%

Operating Profit (PBDIT)

1,567.30

645.38

921.92

142.85%

Interest

96.08

32.45

63.63

196.09%

Exceptional Items

0.00

Gross Profit (PBDT)

1,471.22

612.93

858.29

140.03%

Depreciation

239.76

145.68

94.08

64.58%

Profit Before Tax

1,231.46

467.21

764.25

163.58%

Tax

353.25

113.77

239.48

210.49%

Provisions and contingencies

0.00

Profit After Tax

878.21

353.48

524.73

148.45%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

878.21

353.48

524.73

148.45%

Share in Profit of Associates

0.00

-0.04

0.04

100.00%

Minority Interest

35.66

0.00

35.66

Other related items

0.00

Consolidated Net Profit

842.55

353.44

489.11

138.39%

Equity Capital

287.64

45.30

242.34

534.97%

Face Value

10.00

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

29.29

7.80

21.49

275.51%

Diluted Earnings per share

29.27

7.89

21.38

270.98%

Operating Profit Margin (Excl OI)

23.19%

30.53%

0.00

-7.34%

Gross Profit Margin

24.25%

33.37%

0.00

-9.12%

PAT Margin

14.48%

19.24%

0.00

-4.76%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 6,065.64 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 37.05% vs 10.54% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 69.70% vs 1.05% in Sep 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 842.55 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 13.06% vs 20.41% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 132.97% vs 14.78% in Sep 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,406.40 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 41.02% vs 8.10% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 167.96% vs 1.47% in Sep 2024

Quarterly - Interest

Interest 96.08 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 122.15% vs -23.75% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 211.64% vs -6.52% in Sep 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 23.19%

in Sep 2025

Figures in %

QoQ Growth in quarter ended Sep 2025 has improved from Jun 2025

YoY Growth in quarter ended Sep 2025 has improved from Sep 2024