Waaree Energies: Q2 revenue up YoY, but net profit fell to ₹753.64 crore
Waaree Energies reported higher second-quarter revenue year on year, but its net profit declined. Source: TradingView.
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what happened
According to TradingView, Waaree Energies posted consolidated second-quarter revenue of ₹7,517.74 crore, while net profit came in at ₹753.64 crore, down from ₹878.21 crore a year earlier. Profit fell on both a consolidated and a standalone basis.
U.S. duty refunds lifted operating revenue. However, the CBP review and the Enel arbitration are still unresolved, so their outcome remains unclear.
why it matters
For investors in the solar sector, profit matters as much as revenue. A drop in net profit alongside higher sales suggests that one-off items such as duty refunds are masking weaker margins. The open CBP and Enel disputes add further uncertainty to the company's outlook.
market impact
Waaree Energies: profit below last year's level weighs on the shares, though duty refunds supported revenue
- Waaree Energies shares pressure down — net profit fell year on year despite higher revenue
tags
instruments
sources
- MEDPLUS: Q2 revenue advanced, but H1 consolidated net profit declined YoY — TradingView, 27 October 2026 at 13:13 UTC
- WAAREEENER: Q2 revenue rose YoY, while consolidated and standalone net profit declined — TradingView, 27 October 2026 at 15:03 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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