Waaree Energies reported record production and strong financial growth for FY26, supported by higher module output and operational scale. SolarQuarter reported that the company produced 4.2 GW of modules in Q4 FY26 and 12.6 GW for the full year.

Quarterly revenue reached Rs 8,840.25 crore, while operating EBITDA and profit after tax also increased significantly year on year. The company highlighted expansion initiatives including upstream manufacturing, additional module capacity and strategic supply chain investments.

Waaree's performance reflects India's growing focus on domestic solar manufacturing. As demand rises in both local and export markets, integrated capacity and supply chain traceability are becoming increasingly important. The company's "Waaree 2.0" transition points to a broader industry shift from module assembly toward deeper manufacturing control and global market positioning.