ReNew Energy Global Plc (ReNew) on Monday posted a net profit at ₹377.1 crore during the second quarter ended September 30 2023 on higher income.
The clean energy company had reported a ₹98.6 crore net loss during the July-September period of the last fiscal year.
ReNew’s total income surged at ₹2,863.2 crore in the September quarter of FY24 from ₹2,240.9 crore in the year-ago quarter.
The company said its adjusted EBITDA stood at ₹2,129.8 crore in Q2 FY24 as compared to ₹1,820.9 crore in Q2 FY23.
As of September 30, 2023, the Company’s portfolio consisted of 13.8 GWs, compared to 13.4 GWs as of September 30, 2022, of which 8.3 GWs are commissioned and 5.5 GWs are committed, said ReNew
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Updated: 20 Nov 2023, 06:35 PM IST