The Waaree Renewable Technologies share price rallied 13.5% to an intra-day high of Rs 1,287 on the National Stock Exchange. The uptick in the share price came after the company’s consolidated net profit more than doubled to Rs 116.34 crore year-over-year in Q2 FY26 due to higher revenues. The company had posted a consolidated net profit of Rs 53.51 crore in the same quarter a year ago.

Waaree Renewable Q2: Key drivers

The EPC arm of the Waaree Group’s revenue stood at Rs 774.78 crore in Q2 FY26, as against Rs 524.47 crore in he corresponding quarter of the last fiscal year, an increase of 48% YoY.

The EBITDA came in at Rs 157.94 crores in Q2 FY26, as compared to Rs 71.57 crores reported in Q2 FY25, showing a growth of 121% YoY.

The company’s strong performance was driven by robust

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