Vari Renewable Technologies Limited The shares saw a rise of up to 7.7 percent in the day on January 22. The share reached a high of Rs 936.95 on BSE. Later the share settled at Rs 902.40 with a gain of about 4 percent. The company’s profit has more than doubled in the October-December 2025 quarter. There has been an increase in share buying after the results were announced. The company saw a net profit of Rs 120.19 crore during the quarter. A year ago the profit was Rs 53.48 crore.
Revenue stood at Rs 851.06 crore, which is 136.18 percent more than the December 2024 quarter revenue of Rs 360.35 crore. Waari Renewable Technologies is a subsidiary of Waari Group. It is a solar EPC company.
It offers turnkey EPC (Engineering, Procurement, Construction) solutions for solar power plants, rooftop solar projects and floating projects. The company is going to start a 120 MWp solar power park in Buldhana, Maharashtra.
The market cap of the company is more than Rs 9400 crore. The face value of the share is Rs 2. The stock has weakened by 28 percent in 3 months. Its listed competitors include names like Vaari Energies, Vikram Solar. The stock has a 52-week adjusted high of Rs 1358.50 and adjusted low of Rs 732.05 on BSE. The company’s standalone revenue during FY 2025 stood at Rs 1,597.46 crore. Meanwhile, net profit was recorded at Rs 229.49 crore.
Indian stock markets are bullish on 22 January. The Sensex jumped 873.55 points from its previous closing to reach a high of 82,783.18. Nifty touched a high of 25,435.75 with a gain of 278.25 points.
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