Waaree Renewable Technologies Limited (WRTL) announced its audited consolidated and standalone financial results for the fourth quarter and the full financial year ended March 31, 2026, during its board meeting on April 16, 2026. The company reported a substantial year-on-year (YoY) increase in revenue and net profit, driven primarily by its Engineering, Procurement, and Construction (EPC) contract segment. Revenue from operations for Q4 FY26 stood at ₹1,102.40 crore, representing a 131.31% increase from ₹476.58 crore in the corresponding quarter of the previous year. Compared to the previous quarter (Q3 FY26), revenue grew by approximately 29.53% from ₹851.06 crore. The consolidated net profit for Q4 FY26 rose to ₹155.72 crore, a 66.08% increase from ₹93.76 crore in Q4 FY25, and a 29.55% increase from ₹120.20 crore in Q3 FY26.

Waaree Renewable Technologies Limited, a subsidiary of Waaree Energies Limited, is a Mumbai-based public company specializing in renewable energy power generation and EPC services. As a major player in the solar EPC segment, the company has an unexecuted order book of 2.83 GWp as of March 2026, intended for execution over the next 12 to 15 months. Recent developments in 2025 and early 2026 include securing significant new orders, such as a 420 MWp ground-mounted solar project and several smaller projects totaling nearly 50 MWp. Additionally, in January 2026, the company approved a strategic acquisition of a 55% stake in Associated Power Structures Limited for approximately ₹1,225 crore to expand its renewable ecosystem. The company is also diversifying into emerging sectors like Battery Energy Storage Systems (BESS) and data centers to sustain long-term growth.