Waaree Energies has reported robust financial results for the fourth quarter (Q4) and the full fiscal year 2024–25 (FY25), highlighting significant growth in revenue, profitability, and operational performance.
Q4 FY25 Financial Highlights (January–March 2025)
- Net Profit: ₹618.91 crore, a 34.1% increase from ₹461.52 crore in Q4 FY24.
- Revenue from Operations: ₹4,003.93 crore, up 36.4% year-on-year.
- Total Income: ₹4,140.92 crore, marking a 37.7% growth.
- EBITDA: ₹1,059.57 crore, a 116.3% surge from ₹489.94 crore in the same quarter last year.
- EBITDA Margin: Improved to 25.59% from 16.29% year-on-year.
- Profit Before Tax: ₹849.48 crore, up 131.8% from ₹366.38 crore in Q4 FY24.
- Solar Module Production: 2.06 GW in Q4 FY25, up from 1.35 GW in Q4 FY24.
Full-Year FY25 Performance (April 2024 – March 2025)
- Revenue from Operations: ₹14,846.06 crore, a 27.6% increase from ₹11,632.76 crore in FY24.
- Net Profit: ₹1,932.15 crore, a 107.1% rise over FY24.
- Solar Module Production: 7.13 GW in FY25, compared to 4.77 GW in FY24.
- EPC Contracts: Revenue from EPC contracts rose by 83.21% year-on-year.
Market Reaction
Following the announcement of the Q4 results, Waaree Energies’ shares surged over 12%, reaching an intraday high of ₹2,936.95 on the BSE on 23-Apr-2025. The stock has gained approximately 48% over the past ten trading sessions, reflecting strong investor confidence.
Outlook for FY26
Waaree Energies enters FY26 with a strong foundation, boasting a 25 GW+ order book. The company has issued EBITDA guidance in the range of ₹5,500 crore to ₹6,000 crore for the upcoming fiscal year, supported by expanded manufacturing capacities and a growing global footprint.
For a more in-depth understanding, you can also refer to Waaree Energies’ official investor presentation, which offers detailed financial statements and future outlook:
This document includes comprehensive data on the company’s performance, including revenue breakdowns, EBITDA margins, and strategic plans for capacity expansion and sustainability goals.