L R AS Published on Saturday 26 August 2023 - n° 454 - Categories:India, company results

India's ReNew Energy reports good profitability in Q1

For the period April to June 2023, India's ReNew Energy has published sales of 300 million dollars (compared with 305 million dollars for the same period last year).

last year), ebitda fell from $246 million to $227 million this year, and net profit to $36 million (12% net margin), compared with a loss of $1 million in the same period last year.

ReNew expects sales to remain stable over the next 12 months.

https://www.pv-tech.org/renew-posts-net-profits-of-us36-million-in-the-three-months-to-june-2023/

PV Tech of 22 August 2023

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