WAAREERTL

Waaree Renewable Technologies Limited announced an intimation of scheduled one-to-one, in-person meetings between its Senior Management and Analysts/Institutional Investors on Friday, May 22, 2026, from 04:00 p.m. to 06:00 p.m. in Goregaon East, Mumbai. Discussions will be based on publicly available information.

Order Win: Waaree Renewable Technologies Limited won a turnkey EPC contract from Waaree Forever Energies Private Limited for a 350MW/1400MWh Battery Energy Storage System (BESS) project, including two years of operation and maintenance services. The project is scheduled for completion during the financial year 2026-27.

Waaree Renewable Technologies Limited (WRTL) announced the execution of definitive agreements (Shareholders Agreement and Share Purchase and Subscription Agreement) for the acquisition of a 55% stake in Associated Power Structures Private Limited (APSPL). The total investment value for this acquisition is ₹1,225 Cr. Following the acquisition, APSPL will become a subsidiary of WRTL. The completion, initially planned by April 30, 2026, is now expected by June 15, 2026, due to procedural requirements.

Consolidated Revenue ₹1,102.40Cr vs ₹476.50Cr (▲131.31% YoY), EBITDA ₹206.82Cr vs ₹89.41Cr (▲131.31% YoY), PAT ₹155.72Cr vs ₹93.76Cr (▲66.08% YoY). EBITDA Margin 18.76% vs 18.76% (0bps).

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