Results - Announcements
Waaree Energies Ltd share price declined by 2.07% to Rs 2272.0 after the company's net profit fell 15.50% to Rs 753.64 crore, while revenue from operations softened by 5.22% to Rs 7517.74 crore in Q3FY26 over Q2FY26.
The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.27 lakh crore, declining 5.18%. It has eased by 2.34% over last one week and eased lower by 3.47% in last one month while the market capitalization of Waaree Energies Ltd has slipped by 7.45% and 13.43% in the same period respectively.
Profit before tax (PBT) of Waaree Energies Ltd stood at Rs 1029.75 crore in Q3 FY26, plunging by 16.38% year-on-year, and falling 14.92% quarter-on-quarter. EBITDA came in at Rs 1188 crore, slipping 4.61% YoY and slipping 6.38% sequentially.
Total expenses slightly declined by 4.28% to Rs 6529.8 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 4715.29 crore, easing 2.66% YoY, while employee benefits expense was at Rs 184.08 crore, expanding by 8.37% YoY.
For the TTM ended FY26, revenue from operations surged 83.72% to Rs 26536.77 crore, while net profit saw a strong growth of 101.45% to Rs 3884.15 crore, compared to previous TTM. EBITDA jumped by 290635% to Rs 5200.49 crore, and PBT witnessed a strong rise of 96.98% to Rs 5051.79 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1626.95 crore in FY26, as against Rs 3158.21 crore in FY25.
Waaree Energies Ltd tumbled by 36.63% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.19% during the same period.