Waaree Renewables Technology Sees 17% Drop in Q3 Net Profit to Rs 53 Crore
2025-01-16
MSN
Waaree Renewables Technology Limited has reported a 17% decline in its consolidated net profit for the December 2024 quarter, with profits falling to Rs 53.48 crore due to increased expenses. This marks a significant drop from the previous year's net profit of Rs 64 crore. The company's financial performance has been impacted by rising costs, affecting its bottom line. Waaree Renewables will aim to recover from this slump in the upcoming quarters. Key areas of focus include renewable energy and sustainable technology to drive growth and improve profitability. As the demand for renewable energy solutions continues to grow, Waaree Renewables is poised to capitalize on this trend.
