Waaree Energies shares surge 16% after Q4 profit jumps 34%, revenue up 36% on year

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26 Aug, 2025 12:21

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Shares of Waaree Energies surged nearly 16 percent on April 23 after the company reported a 34 percent jump in net profit to Rs 618.91 crore for the fourth quarter of the fiscal.

The shares of the company were trading at Rs 3,025 apiece, the highest level seen by the stock so far in 2025.

Waaree released its Q4FY25 results during the post-market hours of April 22, reporting a revenue from operation of Rs 4,003.93 crore, a rise of nearly 36 percent from a year ago. The company's EBITDA meanwhile jumped over 116 percent YoY to Rs 1,060 crore during the reported quarter.

For the ongoing financial year, Waaree Energies has shared an EBITDA guidance in the rage of Rs 5,500-6,000 crore, and said that it is projecting ‘robust year on year growth in EBITDA on the back of strong demand realization and operational excellence’.

Speaking on the EBITDA outlook for FY26, Waaree Energies CEO and Whole Time Director Amit Paithankar said the quality of the company's order book and execution capabilities will enable it to achieve the target.

"FY25 marks a pivotal inflection point in Waaree's journey- a year where our strategy, scale, and execution converged to deliver industry-leading EBITDA performance of Rs. 3,123.20 crore. This performance underscores the strength of our execution capabilities and the quality of order book, with centred focus on margins. We see encouraging demand trends, which bodes well for future growth. Waaree is focused on both backward and forward integration, reflected in our expansion and investment plans including cell, ingot and wafer manufacturing, battery energy storage system, power infrastructure and inverters," he added.

Also Read: HCL Tech shares jump 7% as brokerages draw neutral ratings on in-line Q4

The CEO also informed that Waaree’s 1.6 GW module manufacturing facility is now operational in Texas, US. "This reinforces our commitment to the American market and underlines our local-for-local manufacturing philosophy. Our strategy of local manufacturing and supply chain management will help us navigate through the changing policy environment," he added.