Waaree Energies shares slide 6% despite 15% profit growth and 79% YoY revenue surge in Q1FY27
Shares of Waaree Energies witnessed selling pressure on Thursday, declining 5.65% to Rs 2,581.70, even as the solar energy major reported a strong operational and financial performance for Q1FY27, driven by robust revenue growth, higher production volumes and a record order pipeline.The company reported a consolidated net profit of Rs 891.87 crore for the quarter ended June 2026, registering a 15.39% year-on-year growth compared with Rs 773 crore in the corresponding quarter last year.Revenue from operations surged 79.22% YoY to Rs 7,931.79 crore in Q1FY27 from Rs 4,426 crore in the year-ago p