Waaree Energies secures order for supply of 800 megawatts solar modules, shares rise

Waaree Energies shares rose as much as 1.6% to hit an intraday high of ₹3,080 on the National Stock Exchange (NSE) on Monday, June 15, after the company informed exchanges that it secured an order for supply of 800 megawatts of solar modules to renowned customer who is a leading energy solutions provider.

On the BSE, Waaree Energies shares rose as much as 1.47% to touch an intraday high of ₹3,076.

Waaree Energies in a regulatory filing said that a renowned customer who is a leading energy solutions provider placed an order for supply of 800 MW of solar modules in the current financial year.

Waaree Energies Q4 earnings

Waaree Energies in April said that it recorded a 71.44% increase in its consolidated net profit attributable to the owners of the company at ₹1,061.1 crore for Q4 FY26. The company had posted a post-tax profit of ₹618.91 crore in the year-ago quarter.

Revenue from operations climbed 111.79% to ₹8,480.25 crore in Q4 FY26, compared to ₹4,003.93 crore in the corresponding period of the previous fiscal year.

The company's operating EBITDA rose 70.91% to ₹1,576.76 crore in the quarter under review, compared to ₹922.57 crore a year back, according to an exchange filing. Operating EBITDA margin stood at 18.59% vs 23.04%.

Waaree Energies recommended a final dividend of ₹2 per share of ₹10 each at the rate of 20% for FY26, subject to approval of the members at the upcoming annual general meeting (AGM).

The company achieved module production of 4.2 GW in the reporting quarter and the highest ever annual production of 12.6 GW for FY26 backed by strong operational efficiency and scale advantages.

As of 1:22 pm, Waaree Energies shares traded 0.97% higher at ₹3,061, underperforming the NIFTY Midcap 50 index which was up 1.6%.