Waaree Renewable delivers robust Q4 results — PAT jumps 83%

Multibagger Alert: Shares of Waaree Renewable Technologies Ltd will be in the spotlight on Thursday, April 17, after the company posted a strong 83% rise in net profits for the January-March quarter.

The renewable energy EPC (Engineering, Procurement, and Construction) company reported a consolidated net profit of ₹93.76 crore for Q4 FY25, up from ₹51.31 crore during the same period last year.

Revenue Soars 74% Waaree Renewable’s core business revenues surged 74% to ₹476.57 crore in Q4 FY25, compared to ₹273.31 crore in Q4 FY24. This impressive growth was largely driven by its EPC contracts segment, which saw a 76% jump in revenues to ₹469.72 crore.

However, revenues from power sales remained flat, slightly dipping 0.14% YoY to ₹6.85 crore.

Rising Expenses The company’s expenses increased 75% YoY to ₹356.25 crore, mainly due to higher costs associated with EPC project deliveries.

Market Performance Ahead of the Q4 results announcement, Waaree Renewable shares closed 9.13% higher at ₹1,023.90 on Wednesday, compared to ₹938.20 at the previous close.

A Stunning 50,000% Return Over the last five years, Waaree Renewable has delivered an extraordinary 50,000% return to investors. However, the stock is down 52.69% over the past year. In contrast, it has gained nearly 30% over the past month and over 15% in the last five trading sessions.

The stock touched its 52-week high of ₹3,037.75 on April 26, 2024, and its 52-week low of ₹732.05 on April 7, 2025. As of April 16, the company's market capitalisation stood at ₹10,673.81 crore.

Investor Caution While Waaree Renewable continues to attract investor attention with its remarkable long-term returns and strong quarterly performance, experts advise consulting certified financial advisors before making any investment decisions.