Waaree Energies shares surge over 5 percent after record Q3 FY26 performance

Mumbai, Thursday, January 22, 2026: Waaree Energies Ltd saw strong buying interest in the pre-open session on Thursday, with its shares jumping more than 5 percent, reflecting positive sentiment after a sharp improvement in quarterly performance and operational momentum.
In pre-open trade, the stock was indicated at ₹2,550.05, up ₹134.25 or 5.56 percent from its previous close of ₹2,415.80. The move was supported by healthy indicative volumes, pointing to strong demand at higher levels.

Stock snapshot​

The stock opened, traded, and remained at ₹2,550.05 in the early session, indicating sustained buying interest.

Strong Q3 FY26 performance lifts sentiment​

Investor focus remained on the company’s record performance for the December quarter of FY26, marked by sharp growth in revenue and profitability.

Key financial highlights for Q3 FY26​

For the nine-month period ended December 2025, revenue rose to ₹18,056.52 crore, while profit after tax increased to ₹2,757.89 crore, underlining strong execution and operating leverage.

Capacity expansion and order book visibility​

During the quarter, the company achieved module production of 3.51 GW and cell production of 0.75 GW. It also commissioned additional solar module capacity of 2.1 GW at Chikhli and 3 GW at Samakhiali in Gujarat, along with 3.05 GW of inverter capacity at Sarodhi.
The order book stood at around ₹60,000 crore, offering long-term revenue visibility and supporting growth across the renewable energy value chain.