Waaree Renewables Technology's Q3 Net Profit Dips 17% to Rs 53 Crore
2025-01-16
MSN
Waaree Renewables Technology Limited (WRTL) has reported a 17% decline in its consolidated net profit to Rs 53.48 crore for the December 2024 quarter, primarily due to increased expenses. This significant drop in profit comes after the company posted a net profit of Rs 64 crore in the previous quarter, highlighting the impact of rising costs on its bottom line. As a leading player in the renewable energy sector, WRTL's performance is closely watched by industry experts and investors, with key trends including solar energy and sustainable development. The company's financials are likely to be influenced by renewable energy policies and market demand.
