New Delhi, Jan 16:  Waaree Renewable Technologies Limited, the EPC arm of the Waaree Group and a leading player in India’s solar EPC space, has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company continues to demonstrate strong growth momentum, supported by an expanding footprint in Battery Energy Storage Systems (BESS) and data centres, as well as a robust order pipeline.

Q3FY26 Financial Highlights (Consolidated):

• Revenue from Operations: Rs. 851.06 crore, up 136.18% YoY from Rs. 360.35 crore in Q3FY25

• EBITDA: Rs. 158.80 crore, up 120.79% YoY from Rs. 71.92 crore in Q3FY25

• PAT: Rs. 120.19 crore, up 124.74% YoY from Rs. 53.48 crore in Q3FY25

• EBITDA Margin: 18.66%

• PAT Margin: 14.12%

9MFY26 Financial Highlights (Consolidated):

• Revenue: Rs. 2,229.03 crore, up 98.81% YoY from Rs. 1,121.17 crore in 9MFY25

• EBITDA: Rs. 434.28 crore, up 135.29% YoY from Rs. 184.57 crore in 9MFY25

• PAT: Rs. 322.93 crore, up 138.92% YoY from Rs. 135.16 crore in 9MFY25

• EBITDA Margin: 19.48%

• PAT Margin: 14.49%

Operational Highlights:

• Unexecuted order book: 2.92 GWp, to be executed over the next 12–15 months

• Bidding pipeline: ~29 GWp

• Recent Orders:

  • 217.5 MWp Ground-Mounted Solar Power Project (Q3FY26)

  • 39.8 MWp Ground-Mounted Solar Power Project (Q3FY26)

Strategic Initiatives:

• The Board of Directors has approved a capex budget for setting up a 120 MWp Solar Power Park in Buldhana, Maharashtra

Commenting on the performance, a company spokesperson said:

“Waaree Renewable Technologies continues to demonstrate robust growth in both revenue and profitability, driven by strong execution and a diversified portfolio in solar EPC, BESS, and data centres. Our unexecuted order book and healthy bidding pipeline underscore our leadership position and our ability to sustain growth momentum in the rapidly evolving renewable energy sector.”