ReNew Q1 Results: Net Profit Rises Multifold To Rs 513 Crore

ReNew Q1 Results: Net Profit Rises Multifold To Rs 513 Crore

Clean energy firm ReNew has posted a multifold growth in net profit to Rs 513.1 crore for the June quarter, driven mainly by higher revenues from power sales.The homegrown company, listed on Nasdaq, had logged a net profit of Rs 39.4 crore in the April-June period of the preceding 2024-25 financial year.In the first quarter, the company said its total income (or total revenue) rose to Rs 4,118.2 crore ($480 million), compared to Rs 2,490.3 crore…

ReNew reports 13-fold jump in Q1 net profit

ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.ReNew Energy Global, a leading decarbonization solutions company, today announced its unaudited consolidated results …

ReNew reports multifold growth in Q1 net profit to Rs 513 cr

New Delhi, Aug 14 (PTI) Clean energy firm ReNew has posted a multifold growth in net profit to Rs 513.1 crore for the June quarter, driven mainly by higher revenues from power sales. The homegrown company, listed on Nasdaq, had logged a net profit of Rs 39.4 crore in the April-June period of the preceding 2024-25 financial year. In the first quarter, the company said its total income (or total revenue) rose to Rs 4,118.2 crore (USD 480 million),…