Waaree Renewable Technologies Limited has announced strong financial results for the fiscal year ended March 31, 2026. The company reported a significant surge in revenue and profitability, driven by strong EPC contract performance. Additionally, the board approved the appointment of a new internal auditor and the reappointment of its statutory auditors to ensure continued high-quality corporate governance and compliance standards.
Fiscal Year 2026 Financial Highlights
For the financial year ended March 31, 2026, Waaree Renewable Technologies achieved remarkable growth. The company reported a consolidated revenue from operations of ₹3,33,142.22 lakhs, compared to ₹1,59,774.79 lakhs in the previous year. Net profit attributable to the owners of the parent also saw a significant increase, rising to ₹47,869.54 lakhs from ₹22,916.09 lakhs in the prior year.
Segmental Performance
The company’s performance was primarily bolstered by the EPC Contracts segment, which contributed ₹3,30,487.06 lakhs to the total revenue for the year. This segment remains the core driver of the company’s growth, with segment results reaching ₹62,494.22 lakhs. The Power Sale segment also maintained a consistent performance, contributing ₹2,655.16 lakhs in revenue for the fiscal year.
Corporate Governance Updates
In addition to its financial results, the company announced key changes to its auditing structure. M/s KC Mehta & Co. LLP has been appointed as the Internal Auditor for the 2026-27 financial year. Furthermore, the board has approved the reappointment of M/s KKC & Associates LLP as the Statutory Auditors for a five-year term, effective from the conclusion of the 27th Annual General Meeting until the 32nd Annual General Meeting, subject to shareholder approval.
Source: BSE
