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ReNew posts Rs 377 cr net profit in Sep qtr

As of 30 September , 2023, the company said, its portfolio stood at 13.8 GW, including solar and wind capacities, compared to 13.4 GW a year ago

 

ReNew a prominent figure in the field of clean energy  on Monday reported a net profit of Rs 377.1 crore during the September 2023 quarter, supported by higher income.

It had clocked a Rs 98.6 crore net loss during the July-September period of the last fiscal, the company revealed in a statement.

Its total income rose to Rs 2,863.2 crore from Rs 2,240.9 crore in the year-ago quarter. The adjusted EBITDA was Rs 2,129.8 crore against Rs 1,820.9 crore in Q2 FY23.

As of 30 September, 2023, the company said, its portfolio stood at 13.8 GW, including solar and wind capacities, compared to 13.4 GW a year ago.

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