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ReNew Q1 revenue reaches INR47.9 billion
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ReNew Q1 revenue reaches INR47.9 billion

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  • ReNew reported Q1 FY27 total income of INR47.86 billion (US$506 million), up from INR41.18 billion a year earlier.
  • Net profit increased to INR5.95 billion, while adjusted EBITDA rose to INR30.39 billion from INR27.22 billion.
  • The company maintained FY27 guidance for 1.6–2.4 GW of construction and adjusted EBITDA of INR103–109 billion.

ReNew Energy Global (NASDAQ:RNW) reported Q1 FY27 total income of INR47.86 billion (US$506 million), up from INR41.18 billion a year earlier.

Net profit increased to INR5.95 billion from INR5.13 billion, while adjusted EBITDA rose to INR30.39 billion from INR27.22 billion.

Power sales revenue increased to INR26.75 billion, while external solar module and cell manufacturing sales reached INR16.78 billion.

Commissioned capacity rose 17% year over year to about 13.1 GW by June 30, before subsequent solar additions lifted it to roughly 13.5 GW.

Following the announcement, ReNew's share price was up 0.59% at $6.86 in extended trading.

ReNew's portfolio totaled about 20.5 GW, including 1.7 GW/6.2 GWh of battery storage, while the company said another 4 GW of solar-cell manufacturing capacity is expected by December 2026.

Meanwhile, ReNew maintained FY27 guidance for 1.6–2.4 GW of construction, INR103–109 billion of adjusted EBITDA and INR18–22 billion of Cash Flow to Equity.

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