Waaree Renewable Technologies: Audited FY26 Results, Board Approves Auditors
Waaree Renewable Technologies reported audited financial results for FY26. The company's total income for the year rose to ₹3,35,114.78 lakhs, with net profit at ₹47,163.59 lakhs. The Board approved M/s KC Mehta & Co. LLP as Internal Auditors and re-appointed M/s KKC & Associates LLP as Statutory Auditors for five years.
The announcement includes the audited financial results for the full fiscal year and the latest quarter, which are material information for investors. The significant year-on-year growth in revenue and profit positively impacts the company's valuation and investor outlook.
The company reported strong financial results with significant increases in revenue and profit for the financial year and quarter ended March 31, 2026. The re-appointment of statutory auditors and appointment of internal auditors are routine corporate actions.
Waaree Renewable Technologies Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors, in its meeting held on April 16, 2026, approved both consolidated and standalone financial results.
The company also approved the appointment of M/s KC Mehta & Co. LLP as the Internal Auditor for the Financial Year 2026-27. Furthermore, M/s KKC & Associates LLP has been re-appointed as the Statutory Auditors for a term of five consecutive years, commencing from the conclusion of the 27th Annual General Meeting until the conclusion of the 32nd Annual General Meeting, subject to shareholder approval.
The financial results indicate a significant increase in total income for the financial year ended March 31, 2026, reaching ₹3,35,114.78 lakhs compared to ₹1,61,255.00 lakhs in the previous year. Net profit for the year also saw a substantial rise to ₹47,163.59 lakhs from ₹22,892.47 lakhs in the prior year. Similarly, for the quarter ended March 31, 2026, total income was ₹1,10,844.31 lakhs and net profit was ₹15,570.74 lakhs.
The auditors, KKC & Associates LLP, have provided an unmodified opinion on the financial results, confirming that they present a true and fair view in accordance with Indian Accounting Standards.
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Waaree Renewable Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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