ReNew Q4FY23 Results: Total income up 47.1% on year at ₹2,591.6 crore; check details
ReNew Energy Global saw a YoY increase of 28.2% in its renewable capacity, with total revenues up 47.1% in Q4FY23. The firm also turned a profit of ₹7.4 crore, compared to a net loss of ₹355.4 crore in the same quarter of FY22.
ReNew Energy Global Plc (ReNew), released its Q4FY23 results today, showing an improvement in both total revenues and renewable capacity. According to a release statement from the cleantech firm, as of March 31 this year, the company's portfolio reached 13.7 Gigawatts (GW). It revealed an overall year-over-year (YoY) increase of 28.2%. It stated that 5.7 GWs of the approximately 8 GWs of energy projects that have been pledged have been commissioned.
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