Waaree Renewable Technologies shares jump 15% ahead of Q1 results


Shares of Waaree Renewable Technologies surged 15% to Rs 1,120 in Tuesday’s intraday trade on the BSE, ahead of the company’s June quarter results.

In a regulatory filing, Waaree Renewable said its Board of Directors will meet on Thursday, 17 July 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30 June 2025.

Meanwhile, the stock saw strong buying interest during the session, with around 25 lakh shares worth Rs 270 crore changing hands.

As of 31 March 2025, promoter holding in the company stood at 74.4%, foreign institutional investors (FIIs) held 1.1%, mutual funds had no holdings, and the remaining 24.5% was held by other investors.

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Waaree Renewable Technologies Q4 performance

In the March 2025 quarter, Waaree Renewable reported an 83% year-on-year (YoY) jump in consolidated net profit to Rs 93.76 crore, compared to Rs 51.31 crore in the year-ago period.Revenue from operations surged 74% YoY to Rs 476 crore from Rs 273 crore in the year-ago period. Meanwhile, the company’s EBITDA rose 68% YoY to Rs 126 crore as compared to Rs 75 crore in the same period last year.

Waaree Renewable Technologies shares performance

Despite being down 43% over the past 12 months, Waaree Renewable shares have delivered strong long-term returns—rising 326% over two years and 1,740% over the last three years. The company currently commands a market capitalization of Rs 11,618 crore.

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