Waaree Renewable Technologies Q4 PAT Soars to Rs 54 cr - PTI

May 11, 2024 16:27

Waaree Renewable Technologies Q4 PAT jumps to Rs 54.18 crore on higher revenues. Total revenue rose to Rs 273.25 crore from Rs 61.49 crore. The company also declared a dividend of Re 1 per share.

New Delhi, May 11 (PTI) Waaree Renewable Technologies has posted over four-fold jump in consolidated net profit after tax at Rs 54.18 crore for March quarter FY24 on the back of higher revenues.

It had clocked a PAT of Rs 12.28 crore in the year-ago period, the company said in a statement on Friday.

Total revenue during the quarter under review also rose to Rs 273.25 crore from Rs 61.49 crore in the year-ago period, it added.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 75.30 crore as compared to Rs 22.29 crore a year ago.

As of March 31, the company's unexecuted order book stands at 2,365 MW.

The company's board also approved a dividend of Re 1 of face value of Rs 2 each for FY24.

Source: PTI

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Waaree Renewable Technologies Q4 PAT Soars to Rs 54 cr - PTI

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