ReNew Energy Q4 net profit soars 415% to ₹313.7 crore
Global Plc (ReNew), a global
decarbonisation firm
, reported a 415 per cent surge in its consolidated net profit for the March quarter (Q4), reaching ₹313.7 crore. It had reported a net profit of ₹60.9 crore in the same period last year. The growth was driven by higher revenues, including substantial income from its new
manufacturing ventures
.
The Nasdaq-listed company reported its total income for the Q4 2025 at ₹3,439.1 crore, a sharp rise from ₹2,477.6 crore in the corresponding quarter of the previous year.
A major contributor to this was the external sale of ₹991.4 crore from its module and cell manufacturing operations, a new revenue stream for the company. Revenue from the core business of power sales also saw an increase, climbing to ₹1,829.4 crore from ₹1,690.8 crore in Q4 FY24.
For the full financial year 2024-25, ReNew posted a net profit of ₹459.1 crore, up from ₹414.7 crore in FY24. The total annual income reached ₹10,907 crore, compared to ₹9,653.1 crore a year ago. This annual figure includes ₹1,337.3 crore from the external sales of its manufacturing division.
ReNew has significantly expanded its
clean energy portfolio
, which now stands at a gross 18.5 GW as of June 16, 2025, from 17.3 GW at the end of the fiscal year on March 31, 2025.
It has signed 1.2 GW of new
Power Purchase Agreements
(PPAs) since the fiscal year ended. Its commissioned capacity also grew by 12.4 per cent year-on-year, reaching 10.7 GW by March 31, 2025.
The company expects to complete the construction of an additional 1.6 to 2.4 GW of capacity by the end of FY2026.
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