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Waaree Renewables Technologies Ltd News

Waaree Renewable Technologies receives Rs 90 cr solar power project

Waaree Renewable Technologies on Monday said it has received a Rs 90-crore solar power project to be developed on a turnkey basis. The project is scheduled to be completed in ongoing financial year 2024-25, Waaree Renewable Technologies Ltd (WAAREERTL) said in an exchange filing. "WAAREERTL has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction works for solar power project of 30 MW DC capacity on turnkey basis," it said. The order values Rs 90.29 crore excluding taxes, it added. The company did not disclose the name of the entity that awarded the project.

Waaree Renewable Technologies receives Rs 90 cr solar power project
Updated On : 15 Jul 2024 | 3:52 PM IST

Can the June 2024 quarter corporate earnings disappoint markets?

Disconnect between earnings growth and stock prices, Bernstein said, is even more visible in the small-and mid-cap (SMID) universe

Can the June 2024 quarter corporate earnings disappoint markets?
Updated On : 04 Jul 2024 | 10:00 AM IST

WRTL Q4FY24 results: Net profit sees a four-fold jump at Rs 54 cr

Waaree Renewable Technologies has posted over four-fold jump in consolidated net profit after tax at Rs 54.18 crore for March quarter FY24 on the back of higher revenues. It had clocked a PAT of Rs 12.28 crore in the year-ago period, the company said in a statement on Friday. Total revenue during the quarter under review also rose to Rs 273.25 crore from Rs 61.49 crore in the year-ago period, it added. Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 75.30 crore as compared to Rs 22.29 crore a year ago. As of March 31, the company's unexecuted order book stands at 2,365 MW. The company's board also approved a dividend of Re 1 of face value of Rs 2 each for FY24.

WRTL Q4FY24 results: Net profit sees a four-fold jump at Rs 54 cr
Updated On : 11 May 2024 | 6:02 PM IST

This stock zoomed 164% in 2 months on plans of stock split; up 816% in FY24

The company has fixed March 16 as the record date for its proposed 1:5 stock split.

This stock zoomed 164% in 2 months on plans of stock split; up 816% in FY24
Updated On : 06 Mar 2024 | 11:39 AM IST

SJVN, ITDC, HUDCO, NBCC, MMTC and 513 other stocks freeze at lower circuits

Dhunseri Ventures, WPIL, Jai Corp, Jai Balaji, Waaree Renewable, Apollo Micro, Newgen Software, KPI Green, TRIL and Suzlon Energy were non-CPSEs which were locked in their 5 per cent down circuits

SJVN, ITDC, HUDCO, NBCC, MMTC and 513 other stocks freeze at lower circuits
Updated On : 12 Feb 2024 | 2:14 PM IST

Paytm, IFCI, Reliance Power and 401 other stocks freeze at upper circuits

TRF, KIOCL, GE T&D India, Dredging Corporation of India, Azad Engineering, and Balaji Telefilms were some of the other stocks which were locked in the upper circuits of 5 per cent to 20 per cent

Paytm, IFCI, Reliance Power and 401 other stocks freeze at upper circuits
Updated On : 07 Feb 2024 | 1:50 PM IST

Stock of this company engaged in Solar EPC biz has zoomed 117% in 7 weeks

Shares of Waaree Renewable Technologies on Wednesday were locked in the 5 per cent upper circuit for the third straight session on BSE

Stock of this company engaged in Solar EPC biz has zoomed 117% in 7 weeks
Updated On : 24 Jan 2024 | 10:42 AM IST

Waaree Renewable Technologies Q3 results: PAT more than doubles to Rs 64 cr

Waaree Renewable Technologies Ltd (WRTL) on Monday said its consolidated Profit After Tax (PAT) more than doubled to Rs 64.46 crore in the December quarter, aided by higher revenues. It had clocked a PAT of Rs 24.98 crore in the year-ago period, the company said in a statement. The company's total revenue in the third quarter of the ongoing fiscal rose to Rs 324.19 crore from Rs 73.88 crore. During the quarter, the company received 70 MW capacity ground mounted solar power project and its unexecuted order book stood at 749 MW as of December 31, Waaree Renewable Technologies Ltd, a subsidiary of the Waaree Group, said.

Waaree Renewable Technologies Q3 results: PAT more than doubles to Rs 64 cr
Updated On : 22 Jan 2024 | 4:59 PM IST