Waaree Renewable Technologies Ltd
Please find attached herewith Financial Results for the quarter ended 30th June 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 22 Jul 2026, 08:37 PM IST · BSE ID: 688e1ca6-cb48-41dd-9e76-e287e9b5c329
View Original BSE Filing (PDF)
💡
In Simple Terms
Waaree Renewable Technologies reported its first-quarter results, including a newly acquired subsidiary, making comparisons difficult.
🤖 AI Summary
- Waaree Renewable Technologies Ltd approved unaudited consolidated financial results for the quarter ended June 30, 2026.
- Consolidated revenue from operations for Q1 FY27 was Rs. 92,425.06 lakhs.
- Net profit for the period attributable to owners of the parent was Rs. 11,590.01 lakhs.
- Results incorporate Associated Power Structures Private Limited (APSPL) from June 18, 2026, impacting comparability.
- The Board meeting considered and approved the financial results along with the Limited Review Report.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue from Operations (Q1 FY27)
Rs. 92,425.06 lakhs
Consolidated Net Profit for the period (Q1 FY27)
Rs. 11,197.62 lakhs
Profit attributable to Owners of the Parent (Q1 FY27)
Rs. 11,590.01 lakhs
Basic Earnings Per Equity Share (Q1 FY27)
Rs. 11.11
🏢 How This Affects the Company
The inclusion of Associated Power Structures Private Limited (APSPL) from June 18, 2026, indicates an expansion of the company's business activities into power transmission and distribution infrastructure.
Consolidated revenue from operations reached Rs. 92,425.06 lakhs and net profit Rs. 11,197.62 lakhs for the quarter ended June 30, 2026. The financial figures for this period are not directly comparable to the prior corresponding period due to the APSPL acquisition.
The acquisition of APSPL, completed on June 18, 2026, adds power transmission and distribution infrastructure operations to the company's existing business scope, diversifying its operational base.
The provisional allocation of purchase consideration for APSPL, pending final fair value determination, introduces a short-term financial reporting risk for the accuracy of acquired assets and liabilities.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance. The inclusion of APSPL's results from June 18, 2026, reflects a change in the company's consolidated business scope.
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Management Signal
Management approved consolidated financial results incorporating a recent acquisition, signaling a focus on business expansion and integration of new entities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Subsequent quarterly results — assess full impact and integration of APSPL.
Updates on final fair value determination for APSPL's assets and liabilities.
Any further disclosures regarding APSPL's contribution to future revenue and profit.
MEDIUM RISK
The non-comparability of financial results due to a recent acquisition and provisional accounting for the deal introduces reporting complexity.
💡 Investor Takeaway
Waaree Renewable Technologies reported Q1 FY27 consolidated revenue from operations of Rs. 92,425.06 lakhs and net profit attributable to owners of the parent of Rs. 11,590.01 lakhs. These figures are not comparable year-on-year due to the inclusion of APSPL from June 18, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated revenue from operations reached Rs. 92,425.06 lakhs for Q1 FY27, indicating substantial business activity.
- Net profit attributable to owners of the parent was Rs. 11,590.01 lakhs for the quarter, reflecting profitability.
⚠️ Concerns
- Financial figures for the quarter ended June 30, 2026, are not comparable with the previous corresponding period due to the APSPL acquisition.
- The purchase consideration for APSPL has been allocated on a provisional basis, pending determination of final fair values of assets and liabilities.
📅 Company Track Record
Previous filings show Waaree Renewable's Q1 FY27 consolidated revenue as Rs. 92,425.06 lakhs, with a note on non-comparability due to the APSPL acquisition. For FY26, four subsidiaries held Rs. 11,814.26 lakhs in assets but generated only Rs. 26.59 lakhs revenue, incurring a net loss of Rs. 34.11 lakhs.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Waaree Renewable Technologies Ltd's consolidated revenue from operations for Q1 FY27?
Waaree Renewable Technologies Ltd reported consolidated revenue from operations of Rs. 92,425.06 lakhs for the quarter ended June 30, 2026.
What was the net profit attributable to owners for Waaree Renewable Technologies Ltd in Q1 FY27?
The net profit attributable to the owners of the parent for Waaree Renewable Technologies Ltd was Rs. 11,590.01 lakhs for the quarter ended June 30, 2026.
Why are Waaree Renewable Technologies Ltd's Q1 FY27 results not comparable to the previous year?
The results for the three months ended June 30, 2026, include the financial results of Associated Power Structures Private Limited (APSPL) with effect from June 18, 2026, making them not comparable with the previous corresponding period.
When did Waaree Renewable Technologies Ltd acquire Associated Power Structures Private Limited (APSPL)?
Waaree Renewable Technologies Ltd completed the acquisition of a 55% stake in Associated Power Structures Private Limited (APSPL) on June 18, 2026.
Questions based on this BSE filing only. For information purposes.