Written by Waaree Energies is expected to deliver a strong financial performance for the first quarter of FY26, with estimates placing net profit in the range of ₹649–652 crore. This would mark a significant year-on-year (YoY) growth, reflecting the company’s continued expansion and operational efficiency.
Net sales for the quarter are projected to rise by 31–32% YoY, driven by robust demand in the renewable energy sector and a strong order book. The anticipated results signal positive momentum for the solar solutions provider in the current fiscal.
Waaree Energies Slides Over 2.5% Amid Intraday Selling Pressure
Waaree Energies came under notable selling pressure in today’s trade, with the stock declining over 2.5% intraday. It opened at ₹3,250 and briefly touched a high of ₹3,250.8 before slipping to an intraday low of ₹3,106.5.
At last check, the stock was trading at ₹3,108, down 2.8% for the day, as investors booked profits following its recent rally. The decline comes ahead of the company’s anticipated Q1 FY26 earnings, which are projected to show strong growth.
Also Read: “Waaree Energies: Trend Reversal Confirmed After Breakout, Targeting ₹2,xxx–₹3,xxx”
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