tiprankstipranks
ReNew Energy Global’s Growth in Operational Capacity
Company Announcements

ReNew Energy Global’s Growth in Operational Capacity

ReNew Energy Global (RNW) has released an update.

Pick the best stocks and maximize your portfolio:

ReNew Energy Global reported a significant increase in operational capacity for Q2 and H1 FY25, with commissioned capacity rising 21.8% year-over-year to 10.1 GWs. The company achieved a year-on-year rise in Q2 FY25 total income by 4.4% to INR 29,887 million, driven by higher operational capacity despite offsetting factors like lower resource availability. However, H1 FY25 net profit dipped due to various challenges, including revenue loss from asset sales, yet the company continues to focus on expanding its decarbonization solutions portfolio.

For further insights into RNW stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskReNew Energy Global Receives Acquisition Proposal from Consortium
TheFlyReNew Energy Global receives acquisition proposal for $7.07 per share in cash
TipRanks Auto-Generated NewsdeskReNew Energy Global Reports Strong Q2 FY25 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App