Module Sales Drive Waaree Energies’ Profit Up 260% in Q3 FY 2025

Waaree Energies’ net profit for the third quarter (Q3) of the financial year (FY) 2024-25 rose 260% to ₹5.07 billion (~$58.54 million) from ₹1.41 billion (~$16.28 million) a year ago. The company’s revenue increased 114.63% year-over-year (YoY) to ₹35.45 billion (~$409.31 million) from ₹16.52 billion (~$190.74 million).