India GDP Growth 2026: Economy Beats Forecasts with Strong 7.7% Expansion in FY26; Q4 Grows 7.8%

  India has once again showcased its economic resilience. The country recorded a robust 7.7% GDP growth in fiscal year 2025-26 (FY26), surpassing both the previous year’s 6.5% and the government’s Second Advance Estimate of 7.6%. This performance reaffirms India’s position as the world’s fastest-growing major economy despite global headwinds like geopolitical tensions and volatile crude oil prices. According to provisional estimates released by the Ministry of Statistics & Programme Implementation (MoSPI) on Friday, the Indian economy continues to demonstrate strong momentum. Key Highlights of India’s FY26 GDP Numbers Annual GDP Growth : 7.7% in FY26 (up from 6.5% in FY25) Q4 FY26 Growth : 7.8% (steady from the previous quarter) Real GDP Level : ₹323.12 lakh crore in FY26, compared to ₹299.89 lakh crore (First Revised Estimate) in FY25 Real Gross Value Added (GVA) : Expanded by 7.9% for the full year Nominal GVA : Grew 9.1% in FY26 Q4 GVA Performance : Real GVA a...

Waaree Energies Q3FY25 Results: Net Profit Soars 296% YoY to ₹493 Cr, Revenue Jumps 117% – Strong Growth in Solar Sector

 


Waaree Energies has delivered a stellar performance in the third quarter of FY25, reporting a massive 296% year-on-year (YoY) jump in its consolidated net profit at ₹493 crore, compared to ₹124 crore in the same quarter last year. The company's revenue from operations surged 117% YoY to ₹3,457 crore, up from ₹1,596 crore in Q3FY24, showcasing robust growth momentum in the renewable energy sector.

Sequential Performance & Growth Outlook

On a quarter-on-quarter (QoQ) basis, Waaree Energies' profit after tax (PAT) grew by 36%, rising from ₹362 crore in Q2FY25. However, the company witnessed a marginal revenue decline of 3.2% from ₹3,574 crore recorded in the previous quarter. The slight dip in revenue could be attributed to seasonality or temporary market factors, but the strong profitability growth highlights efficient cost management and improved operational efficiencies.

Market Position & Valuation Metrics

Waaree Energies, a leader in the solar energy sector, currently holds a market capitalization of ₹63,086 crore. The stock is trading at ₹2,197 per share, with a 52-week high of ₹3,743 and a low of ₹2,026. The stock's price-to-earnings (P/E) ratio stands at 63.8, reflecting strong investor confidence in its growth potential.

The company maintains a return on capital employed (ROCE) of 43.6% and a return on equity (ROE) of 33.4%, indicating efficient capital utilization and profitability. Its book value per share is ₹169, and it has a face value of ₹10.00 per share. However, the firm does not currently offer any dividend yield, suggesting that it is focused on reinvesting profits for future expansion.

Key Growth Drivers & Future Outlook

The remarkable growth in Waaree Energies’ financial performance can be attributed to the rising demand for solar energy solutions, government incentives for renewable energy adoption, and the company’s expanding manufacturing capabilities. With India aggressively pushing towards clean energy, Waaree is well-positioned to benefit from increasing solar module installations and favorable policy tailwinds.

Going forward, investors and analysts will closely watch the company's order book strength, expansion plans, and global market penetration strategies. Despite a high P/E ratio, Waaree's strong earnings growth and industry leadership make it an attractive stock for long-term investors betting on India’s renewable energy revolution.

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