Waaree Energies Ltd approves Q2 FY27 results, reporting consolidated revenue of ₹7,517.74 crore and net profit of ₹753.64 crore
- Revenue rose 23.9% year on year but fell 5.2% sequentially; net profit declined 14.2% year on year and 15.5% sequentially. Operating margin was approximately 17.8%.
- Board approved a ₹1 lakh cash acquisition of 100% of Waaree Green Data Centers and its two wholly owned subsidiaries from Waaree Renewable Technologies; the entities have not commenced operations.
- Results include ₹360.40 crore of reciprocal-duty refunds as operating revenue. Auditor’s review was unmodified, with uncertainty noted around the pending U.S. Customs and Border Protection investigation and the ₹294.78 crore provision.
Original Filing: https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d57a1f16-9907-4e3d-a5f4-c0e8a808bdc7.pdf