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WAAREE RENEWABLE TECHNOLOGIES Reports Q2: Revenue Up by 249.5% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 249.5 % in the past year, substantial increase in net sales/revenue by 121.9 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 288.58 %. Marginal increase in other income during this quarter, up by 23.24%.
  • Profit over the Year and quarter: Significant improvement in profitability for WAAREE RENEWABLE TECHNOLOGIES LIMITED. Notable increase of 192.58 % in net profit Year to Year, WAAREE RENEWABLE TECHNOLOGIES LIMITED’s profitability increased by 90.04 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -41.59 % Year to Year. EPS increased by 88.97 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of WAAREE RENEWABLE TECHNOLOGIES LIMITED‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 150.063 Cr Rs. 236.355 Cr Rs. 524.466 Cr + 121.9 % + 249.5 %
Expenses Rs. 121.97 Cr Rs. 195.27 Cr Rs. 452.9 Cr + 131.94 % + 271.32 %
Operating Profit Rs. 28.09 Cr Rs. 41.09 Cr Rs. 71.57 Cr + 74.18 % + 154.79 %
OPM % 18.72 % 17.38 % 13.65 % -3.73 % -5.07 %
Other Income Rs. 0.876 Cr Rs. 2.762 Cr Rs. 3.404 Cr + 23.24 % + 288.58 %
Interest Rs. 2.43 Cr Rs. 3.03 Cr Rs. 4.09 Cr + 34.98 % + 68.31 %
Depreciation Rs. 1.41 Cr Rs. 1.54 Cr Rs. 1.58 Cr + 2.6 % + 12.06 %
Profit before tax Rs. 25.13 Cr Rs. 39.28 Cr Rs. 69.3 Cr + 76.43 % + 175.77 %
Tax % 27.19 % 28.3 % 22.78 % -5.52 % -4.41 %
Net Profit Rs. 18.29 Cr Rs. 28.16 Cr Rs. 53.52 Cr + 90.06 % + 192.62 %
EPS in Rs Rs. 8.77 Rs. 2.71 Rs. 5.12 + 88.93 % -41.62 %


Today, we’re looking at WAAREE RENEWABLE TECHNOLOGIES LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 249.5 %. However, it did see a marginal increase of 121.9 % from the previous quarter. Expenses ticked up slightly by 131.94 % quarter-on-quarter, aligning with the annual rise of 271.32 %. Operating profit, while up 154.79 % compared to last year, faced a quarter-on-quarter increase of 74.18 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.07 %, but a shrinkage of -3.73 % sequentially. Other income rose by 23.24 % compared to the last quarter, despite an annual growth of 288.58 %. Interest expenses surged remarkably by 34.98 % from the previous quarter, yet the year-over-year increase remains at a moderate 68.31 %. Depreciation costs climbed by 2.6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.06 %. Profit before tax grew annually by 175.77 % but saw an increase from the preceding quarter by 76.43 %.
Tax expenses as a percentage of profits decreased slightly by -4.41 % compared to last year, with a more notable quarter-on-quarter decrease of -5.52 %. Net profit rose by 192.62 % year-on-year but experienced a 90.06 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.62 % but a quarterly rise of 88.93 %. In summary, WAAREE RENEWABLE TECHNOLOGIES LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 150.063 Cr Rs. 236.355 Cr Rs. 524.466 Cr + 121.9 % + 249.5 %
Expenses Rs. 121.97 Cr Rs. 195.27 Cr Rs. 452.9 Cr + 131.94 % + 271.32 %
Operating Profit Rs. 28.09 Cr Rs. 41.09 Cr Rs. 71.57 Cr + 74.18 % + 154.79 %
Net Profit Rs. 18.29 Cr Rs. 28.16 Cr Rs. 53.52 Cr + 90.06 % + 192.62 %
EPS in Rs Rs. 8.77 Rs. 2.71 Rs. 5.12 + 88.93 % -41.62 %


In reviewing WAAREE RENEWABLE TECHNOLOGIES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 249.5 % year-on-year growth, however, there was a minor increase of 121.9 % from the previous quarter. Expenses rose by 271.32 % compared to the previous year, with a 131.94 % increase quarter-on-quarter. Operating Profit surged by 154.79 % annually, and saw a 74.18 % increase from the last quarter.
Net Profit showed yearly increase of 192.62 %, and experienced a 90.06 % increase from the previous quarter. Earnings Per Share (EPS) fell by -41.62 % annually, however rose by 88.93 % compared to the last quarter. In essence, while WAAREE RENEWABLE TECHNOLOGIES LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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