Waaree Energies Q3 Results: Cons PAT shoots up 296% YoY to Rs 493 crore, revenue jumps 117%
Waaree Energies on Thursday reported a 296% year-on-year growth in its consolidated net profit for the quarter ended December 31, 2024, to Rs 493 crore versus Rs 124 crore posted in the year-ago period.
The Q3FY25 revenue from operations stood at Rs 3,457 crore, up by 117% over Rs 1,596 in the corresponding quarter of the previous financial year.
On a sequential basis, the profit after tax (PAT) grew 36% over Rs 362 crore posted in Q2FY25 while the revenue fell 3.2% over Rs 3,574 crore reported in the July-September quarter of FY25.
The profits are attributable to the shareholders of the company.
The earnings were announced minutes before the market closing time and the shares of Waaree Energies ended the session at Rs 2,225.95 on the NSE, up by Rs 18.40 or 0.83%.
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