Waaree Energies Limited reported earnings results for the fourth quarter and full year ended March 31, 2026. For the fourth quarter, the company reported sales was INR 84,802.5 million compared to INR 40,039.3 million a year ago. Revenue was INR 86,599.8 million compared to INR 41,409.2 million a year ago. Net income was INR 10,611 million compared to INR 6,189.1 million a year ago. Basic earnings per share from continuing operations was INR 36.91 compared to INR 21.59 a year ago. Diluted earnings per share from continuing operations was INR 36.84 compared to INR 21.51 a year ago.
For the full year, sales was INR 265,367.7 million compared to INR 144,445 million a year ago. Revenue was INR 272,449.2 million compared to INR 148,460.6 million a year ago. Net income was INR 37,113 million compared to INR 18,673.9 million a year ago. Basic earnings per share from continuing operations was INR 129.1 compared to INR 68.24 a year ago. Diluted earnings per share from continuing operations was INR 128.84 compared to INR 67.96 a year ago.
Waaree Energies Limited is an India-based renewable energy company. The Company is primarily engaged in the business of manufacturing of solar Photo-voltaic modules and solar cells, setting up of projects in solar space and the sale of electricity. The Company’s operating segments include Solar Photovoltaic Modules, Generation of Power, and Engineering, procurement and construction (EPC) contract. Its manufacturing plants are located in Tumb, Nandigram, Chikhli and Surat, Gujarat State, India. Its By Products include PV Modules, Inverter, Solar Kits, BESS and Electrolyzer Stacks. The PV Modules include HJT Module, N Type Module, Mono PERC, Flexible and Special Module. Its By Applications include Rooftop Solar, Flexible Solar, Small Modules, Special Modules, Energy Storage and Green Hydrogen. The Company’s solutions include EPC, Energy Storage and Green Hydrogen (Alkaline Electrolysers Turnkey).
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