Waaree Renewables Q4 FY26: Profit up 66%, revenue doubles

Key results that set the tone

Waaree Renewables Ltd. reported a strong set of consolidated numbers for the fourth quarter of fiscal 2026, with profit growth outpacing an already sharp rise in revenue. The company’s consolidated net profit rose 66% year-on-year to Rs 156 crore, compared with Rs 94 crore in the year-ago period. Revenue more than doubled to Rs 1,102 crore from Rs 477 crore a year earlier. The combination of higher profit and a much larger revenue base puts the focus on execution and scale during the quarter. These numbers also arrived alongside updates from other listed companies, including Angel One’s sequential profit growth. Separately, investors tracked Waaree Renewable Technologies Ltd. ahead of its scheduled board meeting for results.

Waaree Renewables Q4 FY26 profit and revenue snapshot

For Q4 FY26, Waaree Renewables’ consolidated net profit increased to Rs 156 crore versus Rs 94 crore in the corresponding quarter last year. That year-on-year rise was 66%, as stated in the reported figures. On the top line, revenue was reported at Rs 1,102 crore compared to Rs 477 crore a year ago. The revenue expansion is notable because it indicates a large jump in quarterly business scale year-on-year. With only profit and revenue figures provided, the update gives a clean view of how the quarter compared with the previous year on these two headline metrics. Market participants typically look at profit growth alongside revenue growth to assess whether scale is translating into earnings. In this case, both moved higher versus the year-ago quarter.

Angel One Q4 FY26: sequential profit growth

Angel One Ltd. reported sequential improvement in profitability for the fourth quarter of FY26, according to an exchange filing released on Thursday. The company’s consolidated net profit rose 19.2% quarter-on-quarter to Rs 320 crore. This compares with Rs 269 crore in the previous quarter. The update was framed as sequential growth rather than year-on-year performance. With the figures provided, the key takeaway is that profits increased meaningfully over the immediately preceding quarter. Investors generally interpret such filings as a direct read-through of the latest operating momentum.

Waaree Renewable Technologies: board meeting and results watch

Waaree Renewable Technologies Ltd. was also in focus with a scheduled board meeting on April 16 to consider fourth-quarter and full-year financial results. The company was described as set to announce its results later that week, tied to the board meeting date. Ahead of the event, its previously reported Q3 FY25 performance provided context. In Q3 FY25, the company reported a 16.7% year-on-year decline in profit to Rs 53.5 crore. Despite the profit fall, revenue in Q3 FY25 rose 11% year-on-year to Rs 360 crore.

Share price move ahead of the results event

Alongside the results watch, Waaree Renewable Technologies’ share price saw a notable move in recent trading sessions, based on the reported figures. The stock climbed 5.99% to Rs 973.80 on the NSE after Monday’s trading session. Over the past five days, the stock was up 10.42%. Over the last month, it rose 19.96%. These figures describe short-term price momentum into an event week where a board meeting for results was scheduled.

Waaree Renewable Tech Q4: profit, income, and EBITDA growth

A separate reported update for Waaree Renewable Tech’s Q4 results, dated Wednesday, April 16, showed strong year-on-year growth in profitability and operating earnings. Consolidated net profit for the January to March quarter rose 83% to Rs 93.76 crore, compared with Rs 51.31 crore in the same quarter of the previous fiscal year. Total income increased 74.83% to Rs 481.43 crore versus Rs 275.35 crore in Q4 FY24. EBITDA grew 68% to Rs 126.40 crore from Rs 75.30 crore year-on-year. The update also referenced consolidated net profit of around Rs 94 crore and revenue growth of roughly 75%, aligning with the detailed numbers provided.

Key numbers at a glance

Recent stock performance (as reported)

Market impact and what investors can measure from these updates

The Waaree Renewables Q4 FY26 print stands out because both profit and revenue increased strongly year-on-year, with revenue rising from Rs 477 crore to Rs 1,102 crore and net profit moving from Rs 94 crore to Rs 156 crore. Angel One’s update, meanwhile, highlights quarter-on-quarter improvement in profitability, with net profit rising from Rs 269 crore to Rs 320 crore. For Waaree Renewable Technologies, the scheduled April 16 board meeting anchored expectations around upcoming Q4 and full-year numbers, while the previously reported Q3 FY25 data showed revenue growth alongside a year-on-year profit decline. The reported share price move in Waaree Renewable Technologies indicates the stock was active ahead of the event. For Waaree Renewable Tech’s Q4 update reported on April 16, the combination of higher profit, higher total income, and higher EBITDA provides multiple confirmed data points for readers tracking operational performance.

Why the numbers matter

Across the updates, the most concrete signal is the relationship between scale and profitability in the reported quarters. Waaree Renewables’ year-on-year revenue jump to Rs 1,102 crore, alongside a net profit increase to Rs 156 crore, indicates that earnings growth accompanied the expansion in reported revenue. Waaree Renewable Tech’s Q4 metrics add operating context through EBITDA, which increased to Rs 126.40 crore while total income rose to Rs 481.43 crore. For Angel One, the sequential improvement in profit to Rs 320 crore is a straightforward indicator of quarter-to-quarter momentum, even without additional details in the provided excerpt.

Conclusion

Waaree Renewables’ Q4 FY26 results showed a 66% rise in consolidated profit to Rs 156 crore and revenue more than doubling to Rs 1,102 crore. Angel One reported a 19.2% sequential rise in Q4 FY26 consolidated net profit to Rs 320 crore. Waaree Renewable Technologies remained in focus with a board meeting scheduled for April 16 for fourth-quarter and full-year results, after reporting Q3 FY25 profit of Rs 53.5 crore on revenue of Rs 360 crore. Investors will track the April 16 outcomes and subsequent filings for the next set of confirmed numbers.