Waaree Energies Q2 Results FY27: PAT Falls 20.38% YoY, Revenue Rs 4,577.55 Cr, PAT Rs 670.88 Cr
- October 28, 2026
- Posted by: Harsh Piplani
- Category: Results
Quick Answer
Waaree Energies Q2 Results FY27 were declared on 27 October 2026 on a Standalone basis. The quarterly results show revenue of Rs 4,577.55 Cr, down 24.53% YoY from Rs 6,065.64 Cr. Net profit came in at Rs 670.88 Cr, down 20.38% YoY from Rs 842.55 Cr, so YoY growth is negative on both lines.
Waaree Energies Ltd (WAAREEENER) Q2 Results FY27 announced on 27 October 2026, covering the company’s financial performance for the July to September quarter. The results date brought standalone results with revenue of Rs 4,577.55 Cr and PAT of Rs 670.88 Cr. Waaree Energies Q2 Results FY27 therefore record lower revenue and lower profit than the same quarter a year earlier.
This results analysis of Waaree Energies Q2 Results covers the financial highlights, business drivers, outlook and risks. Readers who follow the stock on NSE and BSE can use the Univest Screener alongside this article. The Financial Highlights section below gives the exact revenue and profit figures.
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Waaree Energies Q2 Results FY27: Financial Highlights
| Metric | Q2 FY27 (Sep 26) | Q2 FY26 (Sep 25) | YoY Change |
|---|---|---|---|
| Revenue | Rs 4577.55 Cr | Rs 6065.64 Cr | -24.53% YoY |
| Net Profit (PAT) | Rs 670.88 Cr | Rs 842.55 Cr | -20.38% YoY |
Source: company filing for Waaree Energies Q2 Results FY27, 27 October 2026. Figures in Rs Crore, Standalone basis.
Key Takeaways from Waaree Energies Q2 Results: What Stands Out
- Revenue of Rs 4,577.55 Cr was 24.53% lower YoY, compared with Rs 6,065.64 Cr in the same quarter of the previous year.
- Net profit of Rs 670.88 Cr declined 20.38% YoY from Rs 842.55 Cr, so profit fell more slowly than revenue.
- Net profit margin of 14.7% compares with 13.9% in the comparison quarter, so a slightly larger share of each rupee of revenue reached the bottom line.
- Revenue was down 42.3% quarter on quarter from Rs 7,931.79 Cr, which adds a sequential decline to the YoY decline.
- Waaree Energies Q2 Results FY27 are reported on a Standalone basis, and every YoY growth figure compares July to September 2026 with the same quarter a year earlier.
- Return on equity of 32.67% and return on capital employed of 37.93% are the FY26 return figures listed for the company.
Waaree Energies Q2 Results FY27: Performance Analysis
The Waaree Energies Q2 Results FY27 numbers show a decline on both lines. Revenue fell Rs 1,488.09 Cr YoY to Rs 4,577.55 Cr, while net profit fell Rs 171.67 Cr YoY to Rs 670.88 Cr. These Standalone figures are the base for the results analysis that follows.
In Waaree Energies Q2 Results, revenue declined 24.53% and net profit declined 20.38%, so profit weakened at a slower pace than revenue in the quarterly results. That gap is the reason the net profit margin moved higher, from 13.9% in the comparison quarter to 14.7% in the latest quarter.
The YoY growth reading is negative on both lines, so the quarterly results set a lower base than the July to September 2025 quarter. Investors tracking Waaree Energies Q2 Results FY27 will compare later filings with this base, which is where the results analysis turns to the business factors.
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Key Business Factors This Quarter
Annual Return Ratios – Return on equity was 32.67% in FY26 and return on capital employed was 37.93%. These full-year ratios give an annual reference for profit earned against shareholder capital and total capital employed.
Margin Comparison – Net profit margin stood at 14.7% in the latest quarter against 13.9% in the comparison quarter, based on net profit of Rs 670.88 Cr on revenue of Rs 4,577.55 Cr. The two margins show how the mix of revenue and profit shifted over the year.
Quarter on Quarter Revenue – Revenue was Rs 4,577.55 Cr against Rs 7,931.79 Cr in the previous quarter, a fall of 42.3%. Waaree Energies Q2 Results FY27 should be read with both the YoY and the sequential readings in view.
FY27 Outlook After Waaree Energies Q2 Results
Waaree Energies Q2 Results FY27 cover one quarter of the financial year, so the FY27 full-year picture depends on the quarters still to be declared. The results analysis shows Rs 4,577.55 Cr of revenue and Rs 670.88 Cr of net profit for July to September 2026.
Any view on the full year should be built from the next results date and the disclosures that come with it, using this quarter as the starting point. The Univest app and Univest Screener list new filings as they arrive, and the next section turns to the risks.
Key Risks to Watch After Waaree Energies Q2 Results FY27
Revenue Decline
Revenue declined 24.5% year on year to Rs 4,577.55 Cr in the latest quarter, against Rs 6,065.64 Cr a year earlier. The Rs 1,488.09 Cr gap is the first number to compare when the next quarter is declared.
Net Profit Decline
Net profit fell 20.4% year on year to Rs 670.88 Cr. Waaree Energies Q2 Results FY27 show profit below the Rs 842.55 Cr of the same quarter last year, even though the margin held up.
Sequential Revenue Decline
Revenue was down 42.3% quarter on quarter from Rs 7,931.79 Cr. This sequential fall sits beside the YoY fall, so the next filing should be compared with both quarters.
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Conclusion
Waaree Energies Q2 Results FY27 show revenue of Rs 4,577.55 Cr and net profit of Rs 670.88 Cr, both lower YoY. The quarterly results are standalone results, so they cover the parent company alone. Taken together, the Waaree Energies Q2 Results give investors the figures to track next. Please consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.
Frequently Asked Questions on Waaree Energies Q2 Results FY27
What are Waaree Energies Q2 Results FY27?
Ans. Waaree Energies Q2 Results FY27 cover July to September 2026 on a Standalone basis, with revenue of Rs 4,577.55 Cr and net profit of Rs 670.88 Cr, as the Quick Answer summarises for readers.
What is the results date for Waaree Energies Q2 Results FY27?
Ans. The results date for Waaree Energies Q2 Results FY27 was 27 October 2026, so the figures reflect the quarter ended September 2026, which the introduction of the article covers in detail.
What revenue was reported in Waaree Energies Q2 Results FY27?
Ans. Waaree Energies reported revenue of Rs 4,577.55 Cr in the quarter, compared with Rs 6,065.64 Cr a year earlier, which the Financial Highlights table sets out line by line for readers.
What net profit was reported in Waaree Energies Q2 Results FY27?
Ans. Waaree Energies reported net profit of Rs 670.88 Cr, compared with Rs 842.55 Cr in the same quarter last year, as shown in the Key Takeaways section of this article.
How much YoY growth did revenue show in Waaree Energies Q2 Results FY27?
Ans. Revenue changed by minus 24.53% YoY, which means it declined from Rs 6,065.64 Cr to Rs 4,577.55 Cr, and the Performance Analysis section explains how this sits beside the profit movement.
Did net profit rise or fall in Waaree Energies Q2 Results?
Ans. Net profit fell 20.38% YoY in Waaree Energies Q2 Results, from Rs 842.55 Cr to Rs 670.88 Cr, so the Performance Analysis section describes profit falling more slowly than revenue.
What was the net profit margin in Waaree Energies Q2 Results FY27?
Ans. The net profit margin in Waaree Energies Q2 Results FY27 was 14.7%, compared with 13.9% in the comparison quarter, as the Key Business Factors section explains in detail for readers.
How did revenue move quarter on quarter in Waaree Energies Q2 Results FY27?
Ans. Revenue was down 42.3% quarter on quarter from Rs 7,931.79 Cr, and the Key Business Factors section places the sequential fall beside the YoY decline of 24.53% for readers.
Are Waaree Energies Q2 Results consolidated or standalone results?
Ans. Waaree Energies Q2 Results are standalone results, so the revenue and net profit figures cover the parent company alone, as the Quick Answer and Conclusion sections both state clearly.
What was the return on equity before Waaree Energies Q2 Results FY27?
Ans. Return on equity was 32.67% in FY26 and return on capital employed was 37.93%, which are annual figures listed alongside Waaree Energies Q2 Results FY27 for readers.
What are the key risks after Waaree Energies Q2 Results FY27?
Ans. The risks are lower YoY revenue, lower net profit and a 42.3% sequential fall in revenue, and the Key Risks section describes each one in turn for readers following the stock.
Where can I find the complete Waaree Energies Q2 Results FY27 data?
Ans. The complete Waaree Energies Q2 Results FY27 data sits in the Financial Highlights table on this page, and the Univest Screener lists the same revenue and net profit figures for comparison.
