Waaree Energies share price fell 6% despite strong Q1 results 2026; here's why
New Delhi, July 30 -- Waaree Energies shares fell more than 6% on July 30, a day after the renewable energy company announced its Q1 FY27 results. While the company reported strong growth in revenue and profit, investors appeared concerned over margin compression, triggering selling pressure in the stock.
For the quarter ended June 2026, net profit increased 14% YoY to Rs.850 crore, compared with Rs.745 crore in the corresponding quarter last year. Revenue from operations climbed 79% to Rs.7,932 crore from Rs.4,426 crore in the year-ago period.
At the operating level, EBITDA rose 44% YoY to Rs.1,440 crore, up from Rs.997 crore a year earlier. However, the company's EBITDA margin narrowed to 18.2% from 22.5% in the corresponding quarter ...
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