Below are the financial statements of Waaree Energies, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 | 2024 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 144.45a | 113.98a |
| Other income | 4.02a | 2.35a |
| Total income | 148.46a | 116.33a |
| Expenses | — | — |
| Cost of materials consumed | -82.63a | -83.56a |
| Purchases of stock-in-trade | -12.74a | -9.65a |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | -6.53a | -5.62a |
| Other manufacturing and engineering, procurement and construction (EPC) project expenses | -3.31a | -2.54a |
| Employee benefits expense | -3.18a | -1.77a |
| Sales, administration and other expenses | -8.84a | -6.32a |
| Finance costs | -1.52a | -1.4a |
| Depreciation and amortisation expense | -4.02a | -2.77a |
| Total expenses | -122.77a | -102.4a |
| Profit before exceptional items and tax | 25.69a | 13.93a |
| Exceptional items | -0.04a | 3.41a |
| Profit before tax | 25.65a | 17.34a |
| Tax expense | — | — |
| Current tax | -6.11a | -5.39a |
| Tax for earlier years | -0.15a | 0a |
| Deferred tax | -0.41a | -0.8a |
| Total tax expense | -6.37a | -4.6a |
| Profit for the year | 19.28a | 12.74a |
| Net profit (loss) attributable to | — | — |
| Owners of the parent company | 18.67a | 12.37a |
| Non-controlling interest | 0.61a | 0.37a |
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