Waaree Renewable Q3 results: Profit more than doubles

Solar power producer Waaree Renewable Technologies Ltd.'s profit more than doubled, and revenue jumped fourfold in the third quarter. The solar EPC subsidiary of Waaree Group's net profit surged 158% year-on-year to Rs 64.46 crore in the quarter ended December, according to an exchange filing. Revenue jumped 338.8% to Rs 324.19 crore.