Waaree energies Q3 results: Wari Energy Limited has announced the results of the third quarter of FY25 on 30 January today. In the October-December quarter, the company’s net profit increased by four times on an annual basis to ₹ 493 crore. This figure was ₹ 124.5 crore in the same period of the last financial year. The company’s shares saw a decline of 0.82 per cent today and this stock has closed at Rs 2190.65 on BSE. The company has released the results after the market was closed.
Revenue Double of WaAree Energies
In the December quarter, the revenue of Wari Energy increased by 116 per cent to ₹ 3,457 crore as compared to last year. This number is more than ₹ 1596 crore recorded in the same quarter last year. Wari Energyz has an orderbook of 26.5 GW worth ₹ 50000 crore to today’s date.
CEO statement of WaAree Energies
Amit Pachnkar, a holotime director and CEO of Wari Energy, said, “As an energy transition company, we see immense possibilities in the new business area and are in good condition to capitalize on them. Our solar business remains strong, and we energy Areas such as storage systems, green hydrogen, inverters and renewable infrastructure are moving rapidly in the field, and we are ready to take full advantage of it. “