Waaree Renewable Technologies Secures Off-Grid Solar Order

Highlights :

  • This project would be delivered in three months
Waaree Renewable Technologies Secures Off-Grid Solar Order WRTL

Waaree Renewable Technologies (WTL), spearheading the Solar EPC segment,  recently received an order to supply 99 Solar off-grid combo sets. The company shared this information with its investors in its filing before the stock exchange.

The company said, “Waaree Renewable Technologies (WRTL) secured the order from a customer engaged in trading activities. This project would be delivered in three months.”

The EPC firm also said, “The company received an order of 99 sets of Solar off-grid combo on January 15, 2025, from a customer engaged in trading activities, to be delivered in three months. It secured the order for the supply of Solar off-grid combo. It included the supply of 99 Solar off-grid Combo (comprising batteries, solar panels, inverters, etc.)”

The latest order from Waaree Renewable Technologies (WRTL) is another feather in its EPC project. The company recently enlisted other EPC orders won by the company, which are:

Some of the recent EPC orders of Waaree RTL

In the recent few quarters, the company has bagged several EPC orders ranging from ground-mounted solar projects to floating projects, among others. Some of them are as follows-

• 2012.47 MWp Ground Mounted Solar PV project (Order won in Q3FY25)
• 30.0 MWp Ground Mounted solar power project (Order won in Q2FY25)
• 3.4 MWp Ground Mounted solar power project (Order won in Q2FY25)
• 26.4 MWp Ground Mounted solar power project (Order won in Q1FY25)
• 700 KWp Rooftop solar power project (Order won in Q1FY25)
• 1.090 MWp Floating solar power project (Order won in Q1FY25)
• 450 MWp Ground Mounted solar power project (Order won in Q4FY24)
• 412 MWp Ground Mounted solar power project (Order won in Q4FY24)

WRTL Growth

WRTL Growth

WRTL Orders

WRTL Orders

Financial Positionn

Waaree Energies Limited (WTL) recently also announced its financial results. It released its financial results for the third quarter (Q3) of FY25 and the first nine months of the current financial year. It furnished these details in its filing before the stock exchange.

The company’s consolidated financial results revealed a steady performance, with net profits for Q3 FY25 reported at Rs 53.48 crore, slightly down from Rs 53.52 crore in Q2 FY25. However, compared to Q3 FY24, where the company reported a net profit of Rs 64.23 crore, the net profit showed a slight YoY decrease of 16.74%.

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