Waaree Renewable Technologies Q2 Results: Net profit falls 29% to Rs 81 crore
Waaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September. Their consolidated profit stood at Rs 81.48 crore, a decrease from Rs 116.36 crore year-on-year. While expenses surged, revenues rose to Rs 1,057.84 crore. The company boasts an unexecuted order book over Rs 5,500 crore and a robust bidding...
Key Takeaways
- Waaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September.
- Their consolidated profit stood at Rs 81.48 crore, a decrease from Rs 116.36 crore year-on-year.
- While expenses surged, revenues rose to Rs 1,057.84 crore.
Waaree Renewable Technologies experienced a notable 29 percent drop in net profit for the quarter ending September. Their consolidated profit stood at Rs 81.48 crore, a decrease from Rs 116.36 crore year-on-year. While expenses surged, revenues rose to Rs 1,057.84 crore. The company boasts an unexecuted order book over Rs 5,500 crore and a robust bidding pipeline, striving for long-term value through efficiencies and scaling.
Original Publisher Attribution
This summary was curated from Economic Times.