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.