New Delhi, July 17 -- Waaree Renewable Technologies, the solar EPC subsidiary of Waaree Group, announced its June quarter financial performance today, July 17, reporting a net profit of Rs.86 crore, a 207% increase compared to Rs.28 crore in the same period last year.

However, the profit was lower on a sequential basis, as the company had reported Rs.94 crore in the preceding quarter. Revenue from operations during the reporting quarter came in at Rs.603 crore, compared to Rs.236.35 crore in Q1 FY25, which is a 155% YoY growth.

(more to come)

Published by HT Digital Content Services with permission from MINT....