Waaree Renewable Technologies Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 3,241.9 million compared to INR 738.8 million a year ago. Revenue was INR 3,241.9 million compared to INR 738.8 million a year ago. Net income was INR 644.6 million compared to INR 249.8 million a year ago. Basic earnings per share from continuing operations was INR 6.194 compared to INR 2.408 a year ago.
For the nine months, sales was INR 6,031.9 million compared to INR 2,894.7 million a year ago. Revenue was INR 6,031.9 million compared to INR 2,894.7 million a year ago. Net income was INR 938.6 million compared to INR 430.6 million a year ago. Basic earnings per share from continuing operations was INR 9.022 compared to INR 4.146 a year ago.