Waaree Energies Sees Strong Yearly Growth in March 2025, Net Sales Reach Rs 3,322.97 Crore

Waaree Energies disclosed its Q4 FY25 financial results which demonstrated a 34% increase in net profit on April 22. In this quarter the company reported earnings of ₹619 crore which surpassed the previous year's same quarter earnings of ₹461.5 crore.

Waaree Energies opened its Tuesday listing at ₹2,520 and reached ₹2,650 during the trading day. Waaree Energies ended today’s session at ₹2,611.85 after achieving a 6.93% increase. The stock exhibited strong short-term gains with a 21% increase in five days and 9% growth over the last month. The stock achieved a 13% growth throughout last year but maintains an 8% decrease from its start-of-year value.

WRTL announced a consolidated net earnings first-cut increase of roughly 83 percent to ₹93.76 crore for the March quarter because of increased income.

The company achieved a net profit of ₹51.31 crore in FY 2023–24 Q4 based on its financial filing.

The company's total income experienced a substantial rise from ₹275.35 crore during the same quarter of the previous year to ₹481.43 crore.

The company spent ₹356.25 crore that quarter compared to ₹203.27 crore in the same quarter of last year.

The company board confirmed Sudhir Arya's appointment as an Additional (Non-Executive, Independent Director) of the company starting Wednesday, April 16, 2025.

Sunil Rathi will begin serving as Executive Director on April 16, 2025 after receiving Board approval to move from his Non-Executive Director position.

The company managed to achieve revenue growth through increased production of 2.06 GW which surpassed the previous fiscal year's figure of 1.35 GW. The company credits strong operational focus for achieving higher production levels. The growth in company revenue resulted in improved Ebitda margins along with increased margin expansion.