ReNew Energy Global PLC

ReNew Energy Global Plc develops, builds, owns, and operates solar energy projects. It operates two segments: Wind Power and Solar Power. Wind power segment reflects the revenue earned from utility-scale wind energy projects in India and Solar power segment reflects the revenue earned from utility-scale and distributed solar energy projects in India. The company was founded by Sumant Sinha in 2011 and is headquartered in Gurugram, India.

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

ReNew Power reports strong Q1 performance and aligns with global climate goals

ReNew Power's Q1 2023 earnings call highlighted the company's strong financial performance, organizational strengthening, and alignment with global climate goals. Despite challenges related to income from carbon credit sales and FX impact, the company is well-positioned to capitalize on the growing Indian renewable energy market.

RNW reports strong Q2 earnings, eyes growth in renewable energy

RNW's Q2 2023 earnings call highlighted robust financial performance, strategic partnerships, and ESG initiatives, while acknowledging challenges with outstanding payments and manpower productivity. The company is well-positioned to leverage opportunities in the renewable energy and green hydrogen sectors, supported by favorable government frameworks and funding commitments.

ReNew Energy reports solid Q3 earnings, eyes growth in green initiatives

ReNew Energy Global PLC's Q3 2023 earnings call highlighted strong financial performance, strategic strengths in the Indian renewable energy market, challenges with acquisitions and weather impacts, various growth opportunities in auctions and green initiatives, and a focus on disciplined value creation and ESG practices.

ReNew Energy Global PLC reports robust Q4 performance and outlines growth strategies for FY '24

ReNew Energy Global PLC's Q4 2023 earnings call highlighted strong financial performance, strategic initiatives in the renewable energy sector, and efforts to drive operational efficiency. The company's focus on ESG initiatives, debt refinancing, and growth projections for FY '24 position it for continued success in the market.

ReNew Energy reports robust Q1 growth amidst ESG focus

ReNew Energy Global PLC's Q1 2024 performance reflects strong growth, profitability, and a strategic focus on sustainability and manufacturing expansion.
While facing challenges such as payment delays and workforce management, the company is well-positioned to capitalize on opportunities in renewable energy and green hydrogen projects.
By addressing operational challenges, leveraging its strengths in ESG initiatives, and seizing growth opportunities, ReNew Energy is poised for continued success and expansion in the renewable energy sector.

ReNew Energy reports strong Q2 earnings, faces module supply challenges

ReNew Energy Global PLC's Q2 2024 performance reflects profitability driven by operational improvements and increased capacity.
The company's strengths lie in securing power agreements, financial discipline, and strong ESG initiatives.
Challenges include potential supply deficits, project execution bottlenecks, and asset sale gains not reflected in EBITDA.
Opportunities exist in strategic partnerships, government support for transmission expansion, and a stable project financing strategy.

ReNew Energy reports profitability, raises guidance amidst regulatory uncertainties

ReNew Energy Global PLC showcased strong financial performance, highlighted by profitability, positive cash flow, and improved operational metrics. The company's focus on wind projects and ESG initiatives, along with raised guidance for FY '24, indicate a positive outlook. Challenges include regulatory uncertainties and lower solar PLF in the quarter.

ReNew Energy exceeds earnings expectations, plans aggressive growth strategy

ReNew Energy Global PLC's Q4 FY '24 earnings call highlighted strong financial performance, ESG achievements, and growth plans. The company's focus on funding growth sustainably through asset monetization and commitment to social responsibility were key themes. Challenges include transmission charges and declining solar module prices, while opportunities lie in auction markets and higher IRRs for complex projects.

ReNew Energy Global PLC reports robust Q1 performance and growth opportunities

ReNew Energy Global PLC's Q1 FY'25 Earnings Call highlighted strong performance, emphasizing safety, ESG commitments, and disciplined bidding strategies. The company showcased strengths in safety records, gender diversity, and capital access. Challenges include managing revenue impact from lower PLFs and optimizing project performance assessments, while opportunities lie in portfolio expansion and enhancing ESG initiatives.

ReNew Energy reports robust Q2 earnings, poised for sustainable growth

ReNew Energy Global PLC's Q2 2025 earnings call reflects strong financial performance, operational efficiency, and a strategic focus on sustainability and shareholder value creation.
The company's strengths lie in its alignment with global clean energy trends, commitment to cost optimization, and positive social impact through CSR initiatives.
While facing challenges in market dynamics and operational stability, ReNew has opportunities to drive growth, margin expansion, and brand differentiation through sustainability efforts.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ReNew Energy Global Plc is a decarbonization solutions company, which engages in the research and development of renewable energy sources. It operates through the following segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The Wind Power segment relates to the utility-scale wind energy projects in India. The Solar Power segment refers to the utility-scale and distributed solar energy projects in India. The Hydro Power segment focuses on hydro energy projects in India. The Transmission Line segment represents the construction and maintenance of transmission lines. The company was founded by Sumant Sinha and Vaishali Nigam Sinha in 2011 and is headquartered in Gurugram, India.

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ClimateTechCompanies--ReNew has been recognised in MIT Technology Review's Top 15 Climate Tech Companies to Watch.

ReNew recognised in Top 15 Climate Tech Companies to Watch

Icahn Enterprises

Sunrun

San Juan Basin Royalty Trust

Mammoth Energy Services

Exxon Mobil

Oil prices are rising again but the energy sector remains volatile. The unpredictability in the sector isn't merely a blip but reflects deeper concerns plaguing the sector, which highlights the importance of energy stocks to sell.

Beware! 7 Energy Stocks Waving Massive Red Flags Right Now

NEW YORK--(BUSINESS WIRE)---- $RNW #ClimatePartnership--USISPF, ReNew and the Consulate General of India bring together business and government leaders to discuss U.S.- India Climate Partnership.

USISPF, ReNew and the Consulate General of India Bring Together Business and Government Leaders to Discuss U.S.- India Climate Partnership

NEW YORK--(BUSINESS WIRE)---- $RNW #CleanEnergyEducation--ReNew Announces Clinton Global Initiative Commitment to Business-Driven Clean Energy and Education in India.

ReNew Announces Clinton Global Initiative Commitment to Business-Driven Clean Energy and Education in India

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ChiefFinancialOfficer--Following Mr. Upadhye's resignation, Mr. Kailash Vaswani has been appointed as Chief Financial Officer of ReNew with effect from October 31, 2023.

ReNew Appoints Kailash Vaswani as Chief Financial Officer

ReNew Energy Global Plc (NASDAQ:RNW ) Q1 2024 Earnings Conference Call August 21, 2023 8:30 AM ET Company Participants Nathan Judge - Head of Investor Relations Sumant Sinha - Founder, Chairman, and Chief Executive Officer Kedar Upadhye - Chief Financial Officer Vaishali Nigam Sinha - Chairman, Sustainability Conference Call Participants Justin Clare - Roth MKM Nikhil Nigania - Bernstein Operator Thank you for standing by, and welcome to the ReNew's First Quarter Fiscal Year ‘24 Earnings Report. All participants are in a listen-only mode.

ReNew Energy Global Plc (RNW) Q1 2023 Earnings Call Transcript

ReNew Energy Global PLC (RNW) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago.

ReNew Energy Global PLC (RNW) Q1 Earnings Meet Estimates

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #FirstQuarter--ReNew Energy Global Plc today announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023.

ReNew Announces Results for the First Quarter (Q1 FY24) and Fiscal 2024 Ended June 30, 2023

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ConferenceCall--ReNew Announces Date and Conference Call Details for Q1 FY 24 Earnings Report.

ReNew Announces Date and Conference Call Details for Q1 FY 24 Earnings Report

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AGM--ReNew Energy Global Plc to hold its second Annual General Meeting on September 12, 2023.

ReNew Energy Global Plc to hold its second Annual General Meeting on September 12, 2023

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #AnnualReport--ReNew Energy Global Plc announced that it has filed its annual report on form 20-F for the financial year ended March 31, 2023.

ReNew Energy Global Plc Files its Annual Report on Form 20-F for Financial Year Ended March 31, 2023

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Gentari--ReNew and Gentari announce strategic collaboration for 5 GW renewable capacity in India.

ReNew and Gentari announce strategic collaboration for 5 GW renewable capacity in India

GURGAON, India--(BUSINESS WIRE)---- $RNW #AnnualGeneralMeeting--ReNew announces appointment of three Independent Directors.

ReNew Announces Appointment of Three Independent Directors

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CleanEnergy--ReNew Energy Global Plc announced on Friday that it has signed MoUs worth INR 640 billion with PFC and REC for its green energy projects.

ReNew Signs MoUs for INR 640 Billion (~US $7.8 bn) for Green Energy Projects

ReNew Energy Global Plc (NASDAQ:RNW ) Q4 2023 Earnings Conference Call June 7, 2023 8:30 AM ET Company Participants Nathan Judge - IR Sumant Sinha - Founder, Chairman and CEO Kedar Upadhye - CFO Conference Call Participants Justin Clare - ROTH MKM Morgan Reid - Bank of America Puneet Gulati - HSBC Amit Bhinde - Morgan Stanley Operator Thank you for standing by, and welcome to the ReNew Power Fourth Quarter FY '23 Earnings Call. [Operator Instructions] I would now like to hand the conference over to Mr.

ReNew Energy Global Plc (RNW) Q4 2023 Earnings Call Transcript

ReNew Energy Global PLC (RNW) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.11 per share a year ago.

ReNew Energy Global PLC (RNW) Reports Break-Even Earnings for Q4

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Fiscal2023--ReNew Energy Global Plc today announced its consolidated IFRS results for Q4 FY23 and the fiscal year ended March 31, 2023.

ReNew Announces Results for the Fourth Quarter (Q4 FY23) and Fiscal 2023, both ended March 31, 2023

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #EarningsReport--ReNew Announces Date and Conference Call Details for Q4 FY 23 Earnings Report.

ReNew Announces Date and Conference Call Details for Q4 FY 23 Earnings Report

Latch

Blue Apron

Canaan Inc.

Cemex SAB de CV

Lion Electric

Valens Semiconductor Ltd

Penny stocks often offer tremendous upside for investors. As a result, they also expose investors to significant risk as well.

7 Penny Stocks With Double-Your-Money Potential

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ReNew--ReNew said on Thursday that its wholly-owned subsidiary, Diamond II Limited, has raised $ 400 million through the issue of senior secured green bonds.

ReNew Raises $400 Million Through Issuance of Green Bonds, Sees Strong Demand From Global Investors

India is the country with the second-largest population in the world, and it is on track to become the largest. It also currently ranks as the world's third-largest electricity market.

A Green Outlook for ReNew Energy

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #ESG--ReNew ranks among top renewable power & utility companies globally for ESG, says Sustainalytics.

ReNew Ranks Among Top Renewable Power & Utility Companies Globally for ESG, Says Sustainalytics

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #FY2027--ReNew Energy Global Plc announced on Tuesday that it has repaid more than $1 billion to its offshore bondholders in FY 2023.

ReNew Repays More Than $1 Billion to Offshore Bondholders in FY2023

The Canada Pension Plan Investment Board is reportedly considering a deal to acquire the shares of Renew Energy Global The post Canada Pension Considering A Deal To Buy ReNew Energy Global appeared first on Pulse 2.0.

Canada Pension Considering A Deal To Buy ReNew Energy Global

ReNew Energy Global Plc shares climbed 20% to $5.28 on Friday following a Bloomberg report that the Canada Pension Plan Investment Board (CPPIB) is exploring taking the Nasdaq-listed, Gurugram, India-based power producer private.    CPPIB bought $268 million worth of ReNew shares from Goldman Sachs (NYSE:GS) Group earlier this month, giving the pension plan a 51.6% equity interest, according to the Business Standard newspaper.

News for ReNew Energy Global PLC Stock (RNW)