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ReNew Swings to ₹74 Million Profit in Q4 FY23 on Increased Operating Capacity

The company signed corporate PPAs for 101 MW during the quarter

June 7, 2023

/ Arjun Joshi
/ Other, Renewable Energy,
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Independent renewable power producer ReNew recorded a net profit of ₹74 million (~$1 million) in the fourth quarter (Q4) of the financial year (FY) 2023, compared to a net loss of ₹3.5 billion (~$43 million) year-over-year (YoY).

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Arjun Joshi

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