Waaree Technologies Q4 net loss trims to Rs 3 cr Energy Watch
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Waaree Technologies Q4 net loss trims to Rs 3 cr

Waaree Technologies said its net loss has narrowed to Rs 3.03 crore in the March quarter from Rs 5.50 crore a year ago

EW Bureau

New Delhi: Waaree Technologies' net loss has narrowed to Rs 3.03 crore in the March quarter from Rs 5.50 crore a year ago, the company said on Thursday. Its total income was Rs 4.81 crore during the fourth quarter against Rs 15.18 crore in the year-ago quarter, the company said in a regulatory filing.

Expenses reduced to Rs 8.89 crore during the quarter under review, from Rs 22.41 crore in FY25. The board also approved the re-appointment of Kirit Chimanlal Doshi as Chairman and Managing Director of the company for a further period of three years commencing from May 14, 2025, subject to the approval of the shareholders of the company in the ensuing general meeting.

Also read:India’s 1st solar project made with 100% Indian solar modules inaugurated in Rajasthan

Waaree Technologies is associated with Waaree Group, which is into solar, instrumentation and energy storage.

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