Waaree Renewable Q3FY26 Revenue Jumps 136% YoY

20 Jan 2026 CW Team

Waaree Renewable Technologies Limited, the EPC arm of the Waaree Group, reported robust growth in its unaudited financial results for the quarter and nine months ended 31 December 2025, driven by strong execution and a healthy project pipeline.

In Q3FY26, revenue rose 136.18 per cent year-on-year to Rs 8.51 billion, while EBITDA increased 120.79 per cent to Rs 1.59 billion. Profit after tax (PAT) stood at Rs 1.20 billion, up 124.74 per cent compared to the same period last year.

For 9MFY26, revenue reached Rs 22.29 billion, surpassing the full-year FY25 performance and marking a YoY growth of 98.81 per cent. EBITDA rose 135.29 per cent to Rs 4.34 billion, with margins maintained at 19.48 per cent, while PAT increased 138.92 per cent to Rs 3.23 billion.

The company’s unexecuted order book stands at 2.92 GWp, to be executed over the next 12–15 months, supported by a robust bidding pipeline of around 29 GWp. Recent wins during Q3FY26 include ground-mounted solar projects of 217.5 MWp and 39.8 MWp. The Board has also approved capex for setting up a 120 MWp solar power park in Buldhana, Maharashtra.

“We are pleased to report revenues of Rs 8.51 billion in Q3FY26, reflecting strong year-on-year growth driven by execution excellence and financial discipline. With an unexecuted EPC order book of 2.92 GWp, we are well positioned to deliver large-scale solar projects while maintaining healthy cashflows, conservative leverage and strong governance standards,” said Manmohan Sharma, CFO, Waaree Renewable Technologies Limited.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..