Waaree Energies Reports 26% Rise in Q3 FY26 Net Profit; Shares Jump 10% in Early Trade

Waaree Energies delivered a solid financial performance in the third quarter of FY26, supported by higher revenues and improved operating margins. 

The company recorded significant year-on-year growth across key profitability metrics, reflecting sustained business momentum.

Following the earnings announcement, the company’s stock witnessed notable buying interest in early trading, indicating positive investor sentiment.

Q3 FY26 Financial Performance

Waaree Energies reported a marked improvement in its Q3 FY26 results on a year-on-year basis.

• Revenue: ₹7,565 crore, compared with ₹3,457 crore in the same quarter last year
• EBITDA: ₹1,928 crore, against ₹722 crore a year earlier
• Net Profit: ₹1,062 crore, compared with ₹493 crore in the corresponding period

The figures reflect broad-based growth in operating performance during the quarter.

Margins and Profitability

EBITDA margin for the quarter stood at 25.5%, improving from 20.9% in Q3 FY25. The margin expansion indicates improved cost efficiency and stronger operational leverage during the period.

Waaree Energies Share Price Performance

Waaree Energies shares recorded a strong up move in early trading on 22 January 2026. The stock last traded at ₹2,678.70, registering a gain of ₹259.70 or 10.74% compared to its previous close of ₹2,419.00.

Read More: Oil Prices Edge Higher on Jan 22, 2026, as Geopolitical Tensions Ease and Supply Disruptions Persist.

Conclusion

Waaree Energies’ Q3 FY26 results show continued improvement in revenue, margins and profitability. The positive stock price reaction suggests favourable investor response, while future performance will remain linked to execution, demand conditions and sector trends.

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