Waaree delivers robust H1 growth driven by retail momentum, but rationalizing 3GW of US orders reveals geopolitical vulnerability. Management is aggressively pivoting to backward integration and BESS to mitigate module price volatility.
Waaree reported Q1 FY27 revenue of INR 7,932 Cr (up 79.2% YoY) and PAT of INR 892 Cr (up 15.4% YoY). Focus remains on vertical integration and capacity expansion.
Waaree Energies reported Q1FY27 revenue of ₹7,932 Cr (+79% YoY) and PAT of ₹892 Cr (+15% YoY). Strategy focuses on deep vertical integration across the solar value chain.