The company's revenue increased 8% QoQ to ₹1,471 Crore from ₹1,365 Crore in the previous June quarter.
In constant currency (CC) terms, revenue for the quarter was Rs 3,062.3 crore, up 33% year over year and 26.3% quarter over quarter.
The Waaree Energies IPO listing date is expected to be October 28, and today marks the final day for bidding.
The debt-ridden telecom may request a waiver from the Department of Telecommunications (DoT) for the payment of these guarantees.
After onboarding was delayed earlier in the year in accordance with RBI regulations, this clearance was conveyed via a letter dated October 22, 2024.
The gross non-performing asset (GNPA) ratio was 0.88% in the September quarter, compared to 0.91% in the June quarter.
The subscription period runs from October 21 to October 23.
According to the corporate filing, it received a 5 GW solar PPA from MSEDCL, which significantly increased the contractual portfolio.
In its exchange statement for the September quarter results, the company noted the receipt of the SCN without providing any other information.
However, India's largest insurance provider, Life Insurance Corporation of India (LIC), reduced its investment during the quarter to 6.72%.

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