New Delhi, Aug. 20 -- The June quarter performance (Q1FY26) of solar module manufacturers Waaree Energies and Premier Energies, indicated that both companies experienced significant growth with a favourable outlook for the future, said Nuvama Institutional Equities, in their analysis.
The EBITDA of Waaree Energies and Premier Energies jumped by 81% and 53% year-over-year, driven by strong demand and improved operational efficiencies; the EBITDA margins increased by 633 basis points and 849 basis points year-over-year, according to Nuvama.
According to the brokerage, Waaree Energies' integration both backward and forward will help mitigate earnings concentration risks. The inverter manufacturing facility is expected to commence operation...
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