ReNew Energy Global (RNW) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ReNew Energy Global reported a significant increase in operational capacity for Q2 and H1 FY25, with commissioned capacity rising 21.8% year-over-year to 10.1 GWs. The company achieved a year-on-year rise in Q2 FY25 total income by 4.4% to INR 29,887 million, driven by higher operational capacity despite offsetting factors like lower resource availability. However, H1 FY25 net profit dipped due to various challenges, including revenue loss from asset sales, yet the company continues to focus on expanding its decarbonization solutions portfolio.
For further insights into RNW stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Another Paramount+ (NASDAQ:PARA) Price Hike Hits Europe
- Ford (NYSE:F) Cuts Jobs in Europe
- Intel (NASDAQ:INTC) Names New AI Chip Line “Jaguar Shores”
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
