Waaree Renewable Technologies reported a 16.7% YoY decline in profit after tax (PAT) for Q3FY25, at Rs 53.50 crore, compared to Rs 64.25 crore in Q3FY24. However, the company saw an 11.15% YoY revenue growth, reaching Rs 360.35 crore. For 9MFY25, revenue surged 85.87% YoY to Rs 1,121.17 crore, compared to Rs 603.19 crore in 9MFY24.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to