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Waaree Renewable Technologies revised its solar project order value to Rs 10.40 billion from Rs 12.52 billion, reflecting a reduction of Rs 2.13 billion. The project is set for completion in FY 2026-27.

In Q2 FY26, the company reported revenue of Rs 7.75 billion, a 47.7% increase, and profit after tax of Rs 1.16 billion, up 117.4%. For H1 FY26, consolidated revenue reached Rs 13.78 billion, an 81.1% year-on-year increase.

Waaree is focusing on storage-linked projects anticipated to grow by FY28. The Waaree Group continues to invest in clean energy manufacturing, with a new solar inverter facility in Gujarat and Rs 10.03 billion raised for a 20 GWh lithium-ion battery plant.