Waaree Renewable Tech’s Profit Surges by 124% YoY in Q2 FY24

The company executed more than 264 MW of solar EPC projects during the first half of 2023

October 27, 2023

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Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹182.9 million (~$2.2 million) in the second quarter (Q2) of the financial year (FY) 2024, an increase of 124% year-over-year (YoY) from ₹81.6 million (~$14.4 million).

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Arjun Joshi

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Waaree Renewable Tech’s Profit Surges by 124% YoY in Q2 FY24

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