Waaree Renewable Tech tumbles after Q2 PAT drops 30% YoY to Rs 753 cr
Mumbai, Oct. 21 -- Revenue from operations jumped 36.53% year-on-year (YoY) to Rs 1,057.84 crore in the quarter ended 30 September 2026.
Profit before tax (PBT) tumbled 32.71% YoY to Rs 105.36 crore in Q2 FY27.
EBITDA rose marginally by 1.29% to Rs 159.98 crore in Q2 FY27, compared with Rs 157.95 crore in Q2 FY26. However, EBITDA margin contracted to 15.12% from 20.39% in the corresponding quarter last year.
The company reported a consolidated unexecuted order book exceeding Rs 5,500 crore during the quarter. Its bidding pipeline remained robust, comprising over 34.6 GWp of solar projects, more than 12.5 GWh of battery energy storage systems (BESS) and approximately Rs 21,900 crore worth of transmission and distribution (T&D) opportuni...
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