Waaree Energies Ltd saw a record 296% jump in its net profit, at Rs 492.7 crore in the December quarter of FY25, over Rs 124.5 crore in the same quarter a year ago. Net profit increased even over Rs 361.6 crore in the preceding quarter.
Revenue increased 116% yoy to Rs 3,457.28 crore, a significant improvement over Rs 1,596.18 crore in Q3 FY24, but sequentially, it edged down from Rs 3,574.38 crore in the previous quarter.
The stocks of Waaree Energies gained 0.91% at Rs 2,227.65 at NSE closing price after its earnings report date January 30.
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Source: Moneycontrol
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