Waaree Renewable Technologies Q2 net profit falls over 29% to ₹81 crore
Waaree Energies moved higher in a quarterly results development for Q2FY27.
· BS Companies, Economic Times Markets, ET Stocks
Waaree Renewable Technologies' Q2FY27 net profit fell over 29% to ₹81.48 crore as higher expenses weighed on earnings, even as revenue rose to ₹1,057.84 crore.
Key facts
- Period
- Q2FY27
The analysis
Waaree Energies reported ₹81 crore and ₹1,057.84 crore for Q2FY27, with movement of 29% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.6% on the day at ₹2,304.00, and has returned -12.2% over three months. It sits 34% below its 52-week high, which means a good deal of bad news was already in the price. The power sector has moved -13.2% over the same period, so Waaree Energies is running 1.0 points ahead of its peers.
For Waaree Energies, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- In focus: Waaree Energies (WAAREEENER), in Power.
- Over three months: Waaree Energies -12.2% against Power -13.2% (1.0 points ahead).
- At least 25% below the 52-week high: Waaree Energies (34%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Waaree EnergiesWAAREEENER · Power | ₹2,304.00 | -0.6% | -3.0% | -12.2% | -34.2% | 0.8× | — |
Power
1M -6.9% · 3M -13.2%
Waaree Energies
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
A green giant’s pollution woes: How Waaree Energies dumped toxic effluents in a Gujarat village
ACME Solar shares rally 5% after Q2 profit jumps over 100%, signs 400MV agreement with NTPC
Jatin Kumar Nayak takes charge as Ireda chairman and managing director
Fresh low for Suzlon Energy post Q2 results, stock tumbles 9%
NTPC Green Energy Q2 Results: Profit Jumps 57% To Rs 137 Crore, Revenue Up 53%