Waaree Energies has announced an interim dividend of ₹2 per equity share (face value of ₹10) for the financial year ending March 31, 2026. This decision follows a board meeting on October 16, 2025, where the company also approved unaudited financial results for Q2 2026. The record date for determining shareholder entitlement is set for October 24, 2025, with dividend payments scheduled for November 6, 2025.
Interim Dividend Announcement
The Board of Directors of Waaree Energies has declared an interim dividend of ₹2 per equity share, with each share having a face value of ₹10. The decision was made during a board meeting held on October 16, 2025.
Key Dates
Several important dates have been set for the distribution of this dividend:
- Record Date: October 24, 2025
- Payment Date: November 6, 2025
Q2 2026 Financial Highlights (Consolidated)
Waaree Energies reported strong financial results for Q2 2026:
- Revenue from operations: ₹10,491.47 Crores
- Profit before tax: ₹2,174.82 Crores
- Net Profit for the period: ₹1,651.10 Crores
Segment Performance
A breakdown of segment revenues for Q2 2026 is as follows:
- Solar Photovoltaic Modules: ₹9,241.69 Crores
- Engineering, Procurement and Construction (EPC) contracts: ₹1,352.99 Crores
Acquisitions and Expansions
Waaree Energies continues its expansion strategy through acquisitions and greenfield projects:
- Entered into a Share Purchase Agreement for 100% acquisition of Enel Green Power India Private Limited.
- Subscribed to 64% of the equity shares of Kotsons Private Limited making it a subsidiary
- Waaree Power Private Limited to acquire 76% equity stake in Racemosa Energy (India) Private Limited.
US Investigation
The company acknowledged that the U.S. Customs and Border Protection (CBP) formally commenced an investigation the Company and its subsidiary, Waaree Solar Americas, Inc. under the Trade Facilitation and Trade Enforcement Act of 2015.
Source: BSE