By Admin 
Waaree renewable technologies: The performance of Wari Renewable Technologies Limited (WRTL), a company working in the Green Energy Sector, was very strong in FY26. In the first quarter of April-June, the company’s profit rose by Rs 207 crore to Rs 86.38 crore. Whereas in the same period last year, it was just Rs 28.16 crore.
There was also a boom in the company’s revenue
Consolidated revenue from the company’s operation also increased by 155 percent to Rs 603 crore as compared to last year, which was Rs 236 crore in the first quarter of FY 25. The credit goes to the company’s strong EPC project and the fast sales of electricity. However, the shares of Wari Renewable Technologies Limited were trading at Rs 1184.05 per share by slipping 1.62 percent on BSE. While its opening was at Rs 1233.85 per share. A day before this, its closing was done at Rs 1203.50 per share.
293 crore acquisition deal canceled
On Thursday, War Energy shares declined when the company withdrew its steps from the acquisition of Kamath Transformers Private Limited. In the information given to the stock exchange on Wednesday, July 16, both of them have not been able to agree on the terms of any final agreement within the stipulated time. Vari Energy, one of the top solar companies, approved the purchase of Kamath Transformers for Rs 293 crore on May 19. This was a part of the company’s increasing its business. The company was going to buy 100 percent stake of Kamath Transformers on the basis of cash concentration.
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