Waaree Renewable Technologies PAT Increases To Rs 148 cr In FY24
At the same time, EBITDA for FY24 stood at Rs 207.18 crore as compared to Rs 83.75 crore in FY23 representing a growth of 147.40 per cent YoY
Waaree Renewable Technologies on Saturday reported PAT for FY24 at Rs 148.04 crore as compared to Rs 55.33 crore in FY23 representing a growth of 167.55 per cent YoY. At the same time, EBITDA for FY24 stood at Rs 207.18 crore as compared to Rs 83.75 crore in FY23 representing a growth of 147.40 per cent YoY.
The revenue for Q4FY24 of the company stood at Rs 273.25 crore representing a growth of 344.40 per cent YoY as compared to Rs 61.49 crore in Q4FY23.
The Company has successfully completed the corporate action of a stock split, reducing the face value of its Equity shares in the ratio of 1:5 per share. The face value of shares now stands at Rs 2/- per share.
Waaree Renewable Technologies is a subsidiary company of Waaree Group and spearheading the Solar EPC business. Waaree Group has successfully installed Ten thousand plus solar projects with cumulative installation done for over 1.2+ GW.
The company is also a solar developer that finances, constructs, owns and operates solar projects.
