Waaree Renewable Technologies Ltd (WRTL), one of India’s leading solar energy solutions providers, has reported its highest-ever revenue for Q3 FY26, achieving ₹851.06 crore, marking a year-on-year growth of 136.18% compared to Q3 FY25. The strong performance underscores the company’s robust business model and growing presence in India’s renewable energy sector.
According to company reports, the surge in revenue reflects both increased solar module sales and a growing portfolio of EPC (Engineering, Procurement, and Construction) projects, highlighting Waaree’s strategic focus on expanding its integrated solar solutions business.
Financial Performance Highlights
- Revenue: ₹851.06 crore, highest-ever quarterly revenue for the company
- Year-on-Year Growth: 136.18% increase over Q3 FY25
- EBITDA & Profit: Significant improvement driven by operational efficiency and scale of operations
- Strong Order Book: Backed by ongoing EPC projects and new solar module supply agreements
The company’s leadership emphasized that this performance is a result of strategic investments in manufacturing capacity, innovative product lines, and consistent efforts to penetrate both domestic and international solar markets. Waaree’s state-of-the-art manufacturing facilities enable it to meet increasing demand for high-quality solar modules, including both utility-scale projects and rooftop solar solutions.
Strategic Outlook and Market Expansion
WRTL continues to capitalize on India’s ambitious renewable energy targets, leveraging government initiatives and rising demand for sustainable energy solutions. The company plans to expand production capacity further, strengthen its EPC project execution, and explore new market opportunities both in India and select international markets.
The company also reiterated its commitment to delivering innovative solar solutions, enhancing energy efficiency for customers, and contributing to India’s clean energy transition. By combining high-quality manufacturing with a growing EPC portfolio, Waaree is positioning itself as a key player in India’s solar energy sector, poised for sustained growth in the coming fiscal periods.
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
