ReNew Energy Global Plc announced its unaudited consolidated IFRS results for the three months ended June 30, 2025.
Operational Highlights
- As of June 30, 2025, ReNew’s total portfolio reached ~18.2 GW (+1.1 GWh BESS), up from ~15.6 GW a year earlier.
- The Company also operates 6.5 GW of solar module manufacturing and 2.5 GW of cell manufacturing capacity, with an additional 4 GW cell facility under construction.
- Commissioned capacity rose 14.8% year-over-year to ~11.1 GW (+150 MWh BESS), net of 600 MW in asset sales since Q1 FY25. A further 50 MW was commissioned in July 2025.
Financial Highlights
- Total income (revenue) for Q1 FY26 was INR 41,182 million (US$480 million), up from INR 24,903 million (US$290 million) in Q1 FY25.
- Revenue from power sales grew to INR 25,473 million (US$297 million), compared to INR 22,335 million (US$260 million) a year earlier.
- Net profit surged to INR 5,131 million (US$60 million), compared to INR 394 million (US$5 million) in Q1 FY25.
- Adjusted EBITDA rose to INR 27,220 million (US$317 million), from INR 18,979 million (US$221 million) in the prior-year period.
Manufacturing Business Performance
- Revenue from solar module and cell manufacturing operations totaled INR 13,223 million (US$154 million).
- Net profit from external sales reached INR 3,562 million (US$42 million).
- Adjusted EBITDA from these operations stood at INR 5,292 million (US$62 million).
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