Waaree Renewable Technologies increased its consolidated net profit by nearly 124.18 percent to Rs 18.29 crore in the September quarter, owing to greater revenues.
In the previous year, the company’s consolidated net profit was Rs 8.16 crore, according to a statement released on Thursday.
Revenue from operations grew to Rs 150.06 crore in the second quarter of the current fiscal year, up from Rs 120.56 crore the previous year.
As of September 30, the unexecuted order book stood at 897 MW.
In a statement, Waaree Renewable Technologies CFO Dilip Panjwani stated, “Our strong financial footing, characterized by a healthy balance sheet, net cash reserves, and a disciplined working capital cycle, empowers us to execute profitable projects with higher returns”.
Also read: 57 Employees Killed In Gaza; UN Calls For Meaningful And Uninterrupted Aid
AIMIM chief Asaduddin Owaisi sparked controversy with remarks on Veer Savarkar and former RSS chief…
According to media reports, Mark Carney was officially sworn in as Canada’s Prime Minister on…
Neymar has been ruled out of Brazil's upcoming World Cup qualifiers against Colombia and Argentina…
Iraqi leaders discussed strengthening bilateral relations and combating terrorism during a meeting with Syria’s chief…
The Delhi High Court dismissed the State Bank of India's (SBI) appeal against the Chief…
Staying fit at home has never been easier with a variety of home workout routines…