Waaree Renewable Q1 Profit Jumps 38% as Revenue Surges 53%

New Delhi: Waaree Renewable Technologies Ltd (WRTL) has posted a 37.7 per cent year-on-year rise in consolidated profit to Rs 118.97 crore during the June quarter, backed by a surge in revenues.

It had recorded a net profit of Rs 86.40 crore in the year-ago period, the company said in a statement on Wednesday.

During the quarter, the Waaree Group company saw a 53.23 per cent rise in revenue from operations to Rs 924.25 crore from Rs 603.19 crore a year ago.

As of June, the company’s consolidated unexecuted order book stood at over Rs 5,300 crore.

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