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Waaree Renewable Tech slips after CFO Dilip Panjwani resigns

08-Jan-25 14:19 Hrs IST

The company has accepted his resignation and relieved him of his responsibilities with effect from the close of business hours on 31 January 2025.

Waaree Renewable Technologies, a subsidiary of Waaree Group, is a leading solar EPC company based in Mumbai. In addition to EPC services, they also develop, finance, construct, own, and operate solar projects, focusing on commercial and industrial customers.

On a consolidated basis, net profit of Waaree Renewable Technologies surged 160.52% to Rs 53.52 crore on a 250% increase in net sales to Rs 524.47 crore in Q2 September 2024 over Q2 September 2023.

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