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Bloomberg Quint

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Image Credit: Bloomberg Quint

Waaree Renewable's Order Book Has A Revenue Potential Of Over Rs 3,500 Crore

  • Waaree Renewable Technologies Ltd. reported a 74% increase in fourth quarter revenues and an 83% increase in net profit on an annual basis.
  • The company's order book of 3,263 MW has a minimum revenue potential of Rs 3,500 crore to Rs 4,000 crore.
  • Waaree Renewable's current order book has an execution timeline of 12-15 months, with a focus on meeting the company's FY25 execution target of 1.5 GW.
  • The company has achieved a supply chain localisation of 90%, reducing import dependency.

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