New Delhi, July 18 -- Waaree Renewable Technologies, the solar EPC subsidiary of Waaree Group, saw its shares jump another 5% intraday on Friday, July 18, to reach 1,240 Rs.apiece, which came in response to the company's healthy performance in the June quarter.

The company, on Thursday, reported a net profit of Rs.86 crore in Q1FY26, a 207% increase compared to Rs.28 crore in the same period last year, while the revenue from operations came in at Rs.in at Rs.603 crore, compared to Rs.236.35 crore in Q1 FY25, which is a 155% YoY growth.

Looking at the segment wise performance, its revenue from its EPC contracts, which contributes over 95% of the company's total revenue, surged to Rs.594.3 crore in Q1 FY25 from Rs.228 crore in the same pe...