Waaree Energies Share Price Rises 5% After Posting Strong Q1 FY26 Results

Waaree Energies share price surged by 5% on July 29, 2025, reaching ₹3,266.90 apiece after the company released its financial results for the June quarter of FY26. The sharp rally reflects investor optimism backed by strong operational and financial performance.

Market Performance

• Current Price: ₹3,266.90 (up 5% intraday on July 29)
• 1-Year Return: Over 37%
• 6-Month Return: Nearly 45%

The stock has maintained upward momentum, delivering strong returns for investors over both short- and long-term horizons.

Q1 FY26: Strong Financial Growth Drives Waaree Energies Share Price

Waaree Energies reported impressive numbers for the quarter ended June 30, 2025. The company, a leading force in India's renewable energy space, saw a significant jump in its consolidated profit and revenues, underpinned by record production and rising demand in solar PV modules.

Revenue

• Total Operating Revenue: ₹4,597.18 crore
  (YoY Growth: 31.48%)
• Revenue from Solar PV Modules: ₹3,872.35 crore
  (Previous Year: ₹3,178 crore)
• Revenue from EPC Segment: ₹589.27 crore
  (YoY Growth: 160.50%)

EBITDA

• EBITDA: ₹1,168.67 crore
  (YoY Growth: 82.61%)

EBITDA Margins

• EBITDA Margin: 25.42%
  (Improved by 712 basis points)

Net Profits

• Net Profit: ₹745 crore
  (YoY Growth: 89%)
  (Previous Year: ₹394 crore)

Company Overview

Waaree Energies continues to solidify its position as a key player in India’s solar manufacturing ecosystem. The company achieved its highest-ever quarterly module production of 2.3 GW in Q1 FY26. Additionally, consistent growth in cell production also supported this quarter’s performance.

Operational efficiencies and increasing solar adoption are driving demand across domestic and global markets.

Summary

The sharp 5% uptick in Waaree Energies share price came on the back of solid Q1 FY26 results. With revenue, EBITDA, and net profit showing strong double-digit growth, and record-setting module production, the company is displaying remarkable strength in the renewable energy sector.

The stock’s continued rally—up over 37% YoY—reflects sustained investor confidence in Waaree Energies' long-term potential and operational growth trajectory.