Waaree Renewables Technology (WRTL) is subsidiary company of Waaree Group and spearheading the solar EPC business. Waaree Group has successfully installed 10,000 plus solar projects, with a total operating capacity of more than 600 MW. The company is also a solar developer that finances, constructs, owns and operates solar projects.
The company's consolidated net profit jumped 81.7% to Rs 12.28 crore in Q4 FY23 as compared with Rs 6.76 crore in Q4 FY22. Net sales declined 19.8% year on year to Rs 61.49 crore in Q4 FY23.
The scrip declined 0.31% to Rs 1,003.20 on the BSE.
