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Waaree’s Q4 FY 2024 Profit Up 341% as EPC Segment Revenue Soars

The company executed more than 704 MW of solar EPC projects in 2024

May 13, 2024

/ Arjun Joshi
/ Finance and M&A, Other,
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Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹541.8 million (~$6.48 million) in the fourth quarter (Q4) of the financial year (FY) 2024, an increase of 341% year-over-year (YoY) from ₹122.8 million (~$1.47 million).

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Arjun Joshi

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