Latest News | Waaree Renewable Tech Net Profit Jumps 83 Pc to Rs 94 Cr in Mar Qtr

New Delhi, Apr 16 (PTI) Waaree Renewable Technologies Ltd (WRTL) on Wednesday posted about 83 per cent rise in its consolidated net profit to Rs 93.76 crore in the March quarter on account of higher income.

It had reported a net profit of Rs 51.31 crore in the January-March period of the preceding 2023-24, the company said in an exchange filing.

Also Read | Ladli Behna Yojana 23rd Kist Released: Madhya Pradesh CM Dr Mohan Yadav Releases April 2025 Instalment, Know Steps To Check Payment Status at cmladlibahna.mp.gov.in.

The company's total income rose to Rs 481.43 crore from Rs 275.35 crore in the same quarter a year ago.

Its expenses stood at Rs 356.25 crore against Rs 203.27 crore in the year-ago quarter.

Also Read | Famous Birthdays on April 16: Charlie Chaplin, Selena, Lara Dutta and Akon - Know About Celebrities and Influential Figures Born on April 16.

The company's board has also approved the appointment of Sudhir Arya as an Additional Director in the category of (Non-Executive, Independent Director) of the company with effect from Wednesday, April 16, 2025.

It has also approved the changed designation of Sunil Rathi from Non-Executive Director to Executive Director on terms and conditions as may be decided by Board with the effect from Wednesday, April 16, 2025.

Manmohan Sharma has been appointed as the Chief Financial Officer, with effect from Wednesday, April 16, 2025.

Waaree Renewable Technologies Limited (WRTL) is an arm of Waaree Energies.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)