Waaree Renewable Technologies Limited (NSE:WAAREERTL)

NSE:WAAREERTL Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	19,646	15,977	8,765	3,510	1,615	129.78
Revenue	19,646	15,977	8,765	3,510	1,615	129.78
Revenue Growth (YoY)	99.68%	82.29%	149.75%	117.32%	1144.35%	128.41%
Selling, General & Admin	1.05	16.36	18.78	15.5	0.81	0.71
Depreciation & Amortization	70.68	63.72	61.16	29.54	36.75	16.9
Other Operating Expenses	15,771	12,844	6,673	2,657	1,379	58.67
Total Operating Expenses	15,843	12,924	6,753	2,702	1,417	76.28
Operating Income	3,803	3,053	2,012	807.91	198.32	53.5
Interest Expense	-153.73	-54.24	-56.45	-51.82	-68.87	-42.98
Interest Income	-	115.41	31.98	10.98	5.85	22.71
Net Interest Expense	-153.73	61.17	-24.47	-40.84	-63.02	-20.27
Currency Exchange Gain (Loss)	-	1.24	-	-	0	-
Other Non-Operating Income (Expenses)	168.7	-94.14	-4.02	-0.52	0.95	-0.34
EBT Excluding Unusual Items	3,818	3,021	1,984	766.55	136.25	32.89
Gain (Loss) on Sale of Investments	-	31.37	2.37	1.5	2.83	1.64
Gain (Loss) on Sale of Assets	-	-	-1.8	1.81	73.08	-
Asset Writedown	-	-7.74	-	-	-	-0.53
Insurance Settlements	-	-	-	0.29	-	-
Other Unusual Items	-40.19	-40.19	-	-	-	-
Pretax Income	3,778	3,005	1,985	770.14	212.16	34.01
Income Tax Expense	906.23	715.51	532.36	216.82	123.24	57.67
Earnings From Continuing Ops.	2,872	2,289	1,452	553.33	88.91	-23.67
Minority Interest in Earnings	1.5	2.36	0.89	0.9	-2.87	-13.83
Net Income	2,873	2,292	1,453	554.23	86.04	-37.5
Net Income to Common	2,873	2,292	1,453	554.23	86.04	-37.5
Net Income Growth	71.74%	57.71%	162.18%	544.15%	-	-
Shares Outstanding (Basic)	104	104	104	104	104	104
Shares Outstanding (Diluted)	104	104	104	104	104	104
Shares Change (YoY)	0.21%	0.18%	-0.19%	0.35%	0.00%	1.15%
EPS (Basic)	27.57	22.00	13.95	5.33	0.83	-0.36
EPS (Diluted)	27.51	21.95	13.94	5.31	0.83	-0.36
EPS Growth	71.38%	57.46%	162.52%	542.86%	-	-
Free Cash Flow	-	2,013	1,171	-181.43	360.5	-1,282
Free Cash Flow Per Share	-	19.27	11.24	-1.74	3.46	-12.32
Dividend Per Share	-	1.000	1.000	0.200	0.200	-
Dividend Growth	-	-	400.00%	-	-	-
Profit Margin	14.62%	14.34%	16.58%	15.79%	5.33%	-28.89%
Free Cash Flow Margin	-	12.60%	13.36%	-5.17%	22.32%	-987.79%
EBITDA	3,869	3,115	2,064	836.19	235.04	70.38
EBITDA Margin	19.69%	19.49%	23.54%	23.83%	14.55%	54.23%
D&A For EBITDA	66.16	61.68	51.23	28.28	36.72	16.87
EBIT	3,803	3,053	2,012	807.91	198.32	53.5
EBIT Margin	19.36%	19.11%	22.96%	23.02%	12.28%	41.22%
Effective Tax Rate	23.99%	23.81%	26.82%	28.15%	58.09%	169.59%
Revenue as Reported	19,814	16,126	8,807	3,525	1,698	154.19

Source: S&P Global Market Intelligence. Utility template. Financial Sources.