ReNew Energy Q4 net declines 75%; FY26 PAT jumps twofold

New Delhi: ReNew Energy Global's net profit declined over 75% year-on-year to ₹77.7 crore ($8 million) in the quarter ended March 2026. The company had reported a net profit of ₹313.7 crore ($33 million) in Q4FY25, according to a release on Monday.

The renewable energy firm said its total income for Q4FY26 increased to ₹3,954.8 crore ($421 million), compared to ₹3,439.1 crore ($367 million) in the year-ago period.

However, for the entire FY26, profit after tax (PAT) more than doubled to ₹1,038.5 crore, up from ₹459.1 crore ($49 million) for the fiscal ended March 31, 2025, primarily driven by higher revenues. Total income for FY26 stood at ₹15,063.5 crore ($1,605 million), compared to ₹10,907 crore ($1,162 million) for FY25, a company statement said. Revenue from the sale of power for Q4FY26 stood at ₹1,835.8 crore ($196 million), compared to ₹1,841.4 crore ($196 million) for Q4FY25, it stated.


The company expects to complete construction of 1.6 to 2.4 GW by the fiscal ending March, 31 2027. It is a leading decarbonisation solutions company listed on Nasdaq.