Waaree Renewable Q2 Results 2025: Stellar Earnings Beat Estimates, Order Book Grows 3.48 GWp
Waaree Renewable Q2 Results 2025: Stellar Waaree Renewable Q2 results 2025 have captured investor attention with profits more than doubling compared to the same period last year. Backed by robust revenue growth, margin expansion, and a healthy order book, the company’s strong operational performance underscores its leadership in India’s solar energy sector. Investors are now evaluating both the growth potential and execution risks as the stock rallies around 10%.
Waaree Renewable Q2 Results 2025: Key Financials
Metric | Q2 FY25 | Q2 FY24 | YoY Change |
---|---|---|---|
Consolidated Net Profit (₹ crore) | 116.34 | 53.51 | +117% |
Revenue from Operations (₹ crore) | 774.78 | 524.47 | +47.73% |
EBITDA (₹ crore) | 157.94 | 71.56 | +120.7% |
EBITDA Margin (%) | 20.39 | 13.85 | +6.54 pp |
Unexecuted EPC Order Book (GWp) | 3.48 | – | – |
Bidding Pipeline (GWp) | 27 | – | – |
Also Read: TCS Q2 Results 2025: Profit Rises 1.4%, AI Datacentre Announced, ₹11 Dividend Declared
What Drove the Share Price Rally?
1. Strong Earnings Surprise
As per Waaree Renewable Q2 Results 2025, Waaree’s net profit more than doubled, complemented by robust revenue growth and expanding margins. Such results often act as a catalyst for investor enthusiasm.
2. Healthy Order Book Provides Visibility
With an unexecuted EPC backlog of 3.48 GWp and an additional 27 GWp in the bidding pipeline, investors gain confidence in the company’s near-to-mid-term revenue outlook.
3. Sector Tailwinds
The renewable energy sector in India is seeing significant growth, supported by government policies, carbon reduction targets, and increased demand for solar, battery storage, and data center energy solutions. Waaree’s diversified exposure positions it well to benefit from these trends.
4. Technical and Market Momentum
The stock is trading above key moving averages, with positive momentum indicators attracting short-term speculative buying.
Post Waaree Renewable Q2 Results 2025: Share Price & Its Performance

As the Waaree Renewable Q2 Results 2025 are put, the share price is trading at ₹1281.35, making a day-high of ₹1287.25 & a day-low of ₹1127.25.
Know More: Stock Price Average Calculator
Analysis: The stock is trading well above its key moving averages: 50-day MA at ₹1,160.23 and 200-day MA at ₹1,108.52, reflecting strong bullish momentum. Price has sharply surged from around ₹1,125 to ₹1,275 in a short span, showing breakout strength above consolidation levels.
The RSI is currently at 85.72 (from chart), which indicates the stock is in overbought territory. Historically, RSI above 70 suggests caution as the stock may face short-term profit booking despite overall bullishness.
Volume spike coinciding with the sharp price rise indicates strong buying interest. The surge in volume confirms the breakout is supported by market participation, not just a technical anomaly.
Support & Resistance Levels:
- Immediate support: ₹1,250 (recent consolidation zone before breakout).
- Next resistance: Psychological level around ₹1,300.
Bullish with caution due to RSI overbought. Overbought conditions may lead to minor pullbacks, but the trend remains strong.
Also Read: Yes Bank Share Hits 52-Week High — SMBC Backing & Upcoming Q2 Numbers Drive Gains
Risks & Considerations
- Execution Risk: Timely and cost-efficient delivery of the order book is critical; delays or cost overruns could pressure margins.
- Competition & Input Costs: Volatility in raw materials like polysilicon and solar panels, along with competitive pressures, could impact profitability.
- Regulatory Changes: Any shifts in tariffs, subsidies, or policy frameworks could materially affect outcomes.
- Valuation Pressure: The share price rally may invite higher scrutiny; missed growth expectations could lead to a market correction.
Takeaways for Investors
Waaree Renewable Q2 Results 2025 demonstrate the company’s ability to scale operations while enhancing profitability. For short-term traders, the momentum presents potential upside, while long-term investors should focus on execution, margin sustainability, and sector positioning. The sizeable order book ensures revenue visibility, but prudent monitoring of risks is recommended to navigate any sectoral or macroeconomic headwinds.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.