Page 2 - Waaree Energies

Top Indian solar products maker Waaree to expand in US despite trade probe

Waaree, which has 16.1 GW of module making capacity in India and 2.6 GW in the US, is seeing strong US demand due to demand from data centres, manufacturing and transportation

Waaree Energies Q2 results: Net profit more than doubles to ₹871 cr

Waaree Energies reported more than two-fold rise in consolidated net profit to Rs 871.21 crore in the July-September quarter on the back of higher revenues. It had clocked a net profit of Rs 375.66 crore in the same period of the preceding 2024-25 financial year. The company's total income rose to Rs 6,226.54 crore in the quarter from Rs 3,663.47 crore in Q2FY25. Waaree Energies' expenses also increased to Rs 4,995.08 crore from Rs 3,164.63 crore in the year-ago period. The board of the company also approved a dividend of Rs 2 per equity share of face value of Rs 10 each for FY ending March 2026. The record date for the purpose of determining the entitlement of the shareholders for the interim dividend has been fixed as Friday, October 24, 2025, and the dividend will be paid to the shareholders on Thursday, November 06, 2025.

Waaree Renewable Q2FY26 results: Net profit more than doubles to ₹116 cr

Waaree Renewable Technologies' consolidated net profit in September quarter more than doubled to Rs 116.34 crore on the back of higher revenues. The company had logged a consolidated net profit of Rs 53.51 crore in the quarter ended September 30, 2024, a BSE filing said. According to a company statement, the company recorded its highest-ever quarterly revenue and PAT (net profit), driven by robust execution, strong sectoral tailwinds, and continued expansion into new energy verticals including Battery Energy Storage Systems and data centres. The revenue stood at Rs 774.78 crore as against Rs 524.47 crore in Q2 FY25, delivering a growth of 47.73 per cent. The company's unexecuted order book stands at 3.48 GWp, to be executed over the next 1215 months, while its bidding pipeline remains robust at 27+ GWp, it stated. The board on Friday approved capex budget for setting up 28 MWp IPP solar power plants (14 MWp each) at two locations in Maharashtra. The board also approved capex budg

Q2 results today: Elecon, Indosolar, Waaree Renewable, 14 others on Oct 10

Q2 FY26 company results: Yash Highvoltage, AAA Tech, Affordable Robotic & Automation, and Hathway Bhawani Cabletel & Datacom are also to release their July-September quarter earnings reports today

Stocks to Watch today, Oct 8: Titan, Godrej Consumer, Bajaj Finserv, Concor

Stocks to Watch today, October 8, 2025: From Titan Company, Godrej Consumer to Saatvik Green Energy, here is a list of stocks that will be in focus

Waaree Energies share price rises 4% today; should you buy, sell or hold?

Waaree Clean Energy Solutions Pvt Ltd will expand its Electrolyser manufacturing capacity from 300 MW to 1,000 MW annually with an additional Capex of ~₹125 crore.

Stocks to Watch today, Oct 3: Hero MotoCorp, Maruti, Tata Power, IndiGo

Stocks to Watch today, October 3, 2025: From Hero MotoCorp, Maruti to Sammaan Capital, here is a list of stocks that will be in focus

US investigation not to impact investment plans, says Waaree Energies

A US investigation into potential solar tariff evasion will not impact Waaree Energies' investment plans, including the expansion of its Texas facility and exploration of setting up a solar cell manufacturing capability in the high-growth, strategic US market, the company said Sunday. Waaree is one of the largest vertically integrated companies in the manufacturing of solar modules, which convert sun rays into electricity. It has an operational capacity of 13.3 GW in India. It commenced operations at its US solar module manufacturing plant in Houston, Texas, in January this year with an initial installed capacity of 1.6 GW. The Texas facility is being scaled to 3.2GW by FY27. US customs officials last week launched an investigation into whether Waaree bypassed tariffs on Chinese-made solar cells and panels by falsely labelling them as manufactured in India. "The investigation has no impact on our investment plans. The Texas plant expansion from 1.6 GW to 3.2 GW is already underway,

Waaree Energies shares slide 7% on reports of US prob for evading duties

Waaree Energies shares Today: The US is reportedly investigating Waaree Energies for evading anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations

Nifty MidCap 100 slips 4% in five days; what should investors do?

Among others, Vodafone Idea and Waaree Energies were among the top laggards, down 7.95 per cent and 6.9 per cent, respectively

US probes Waaree Energies over alleged duty evasion on Chinese solar cells

US Customs as started a formal investigation of Waaree and Waaree Solar Americas Inc over suspected evasion of anti-dumping duties, imposing interim measures on solar imports

Anand Rathi bullish on 2 solar stocks; eyes up to 33% upside: Here's why

Against this backdrop of sector tailwinds and resilient profitability, the brokerage has initiated coverage on Premier Energies with a Buy recommendation

Stocks to Watch today, Sept 25: Polycab, Waaree Energies, Akzo, Tata Steel

Stocks to Watch today, September 25, 2025: From Polycab to Akzo Nobel, here is a list of stocks that will be in focus today

India's net-zero push to boost RIL, Waaree Energies, SWSolar: Analysts

On the bourses at 9:40 AM, Waaree Energies raced 2.15 per cent higher to ₹3,712.75, and SWSolar moved up 1.36 per cent to ₹267.60. RIL, meanwhile, was trading 0.2 per cent lower at ₹1,391.50.

Waaree Energies zooms 99% from April low, nears record high; here's why

As of Q1FY26, the company had a strong order book of approximately ~₹49,000 crore, providing robust revenue visibility and a strong foundation for future growth

Waaree Renewable shares gain 5% on ₹1,250-crore solar power project

Waaree Renewable shares rose 5 per cent after the company received orders worth ₹1,252.43 crore for a large-scale solar power project

Nomura bets on Waaree, Premier as Indian solar capacity to grow 3x by 2030

To meet the robust demand, Nomura analysts project India will add ~309GW of installed capacity between FY25-30F, with renewables (RE) accounting for the bulk of the expansion.

Waaree Energies hits 8-month high, rallies 17% in 2 wks; more upside left?

Waaree Energies, through its wholly owned subsidiary Waaree Solar Americas, has received an international order to supply 452 MW solar modules to a leading US-based developer

Waaree Solar Americas bags 452 MW solar module supply order in US

Waaree Energies on Tuesday said its US arm Waaree Solar Americas has secured an order to supply 452 MW of advanced solar modules to a leading American developer of utility-scale solar and energy storage projects. Scheduled for delivery across FY2026-27, these modules reinforce Waaree's growing presence in North America and highlight a strategic shift in how the US market is embracing Indian manufacturing strength to accelerate its decarbonisation goals, a company statement said. Waaree Energies, India's leading clean energy transition company, announced that its wholly-owned US subsidiary Waaree Solar Americas has signed an agreement to supply 452 MW of advanced solar modules to a leading American developer of utility-scale solar and energy storage projects, it added. The transition from developer to Indian manufacturer underlines India's emergence as a trusted partner in diversifying global renewable energy supply chains, at a time when the world is seeking alternatives to ...

MSCI August rejig: Swiggy, VMM, 2 others added to Global Standard Index

Nuvama Institutional Equities said that Vishal Mega Mart and Swiggy will top the inflows with $287 million and $285 million, respectively