Waaree Renewable Technologies Share Price Falls Over 10%; Profit After Tax Drops 29.98% in Q2FY27

Waaree Renewable Technologies Limited reported consolidated revenue from operations of ₹1,057.84 crore in Q2 FY27, up from ₹774.78 crore in the July-September quarter last year, according to exchange filings dated October 19, 2026.  

Net profit fell to ₹81.48 crore from ₹116.36 crore over the same period. The company’s results for the quarter ended September 30, 2026, show that revenue increased by 36.53%, while net profit declined by 29.98%. 

Operating Figures 

EBITDA was ₹159.98 crore in Q2 FY27, compared with ₹157.95 crore in the corresponding quarter last year. The EBITDA margin fell to 15.12% from 20.39%. Net profit margin also declined, from 15.02% to 7.70%. 

April-September Results 

For the first six months of FY27, revenue from operations rose to ₹1,982.09 crore from ₹1,377.97 crore in the same period last year. EBITDA increased to ₹333.46 crore, against ₹275.49 crore in H1 FY26. 

Net profit for the six-month period was ₹200.44 crore, slightly below the ₹202.75 crore reported a year earlier. The 1.14% decline came alongside a fall in net profit margin to 10.11% from 14.71%. 

Projects and Order Book 

The company reported an unexecuted order book of more than ₹5,500 crore as of September 30, 2026.  

This included over ₹3,300 crore in solar and battery energy storage system (BESS) engineering, procurement and construction projects, and more than ₹2,200 crore in transmission and distribution (T&D) projects. 

Waaree Renewable Technologies also holds a 55% stake in Associated Power Structures Private Limited, following its acquisition of the company.  

Read More: Delta Corp Share Price in Focus; Posts ₹106.41 Crore Net Loss in Q2FY27! 

Waaree Renewable Technologies Share Price Performance  

As of October 21, 2026, 11:57 am, Waaree Renewable Technologies share price was trading at ₹737.00, down 10.80% from the previous closing price. 

Conclusion 

Waaree Renewable Technologies' revenue increased in Q2 FY27, but net profit fell year-on-year. For H1 FY27, revenue and EBITDA grew, while net profit remained slightly below the previous year's level. 

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