ReNew Energy Global plc (RNW), a leading decarbonization solutions company, saw its stock surge 6.04% in pre-market trading on Monday following the release of its impressive fourth-quarter and fiscal year 2025 financial results. The company's performance significantly exceeded analyst expectations, showcasing strong growth and an optimistic outlook for the future.
ReNew Energy Global reported a stellar Q4 earnings of 8.11 Indian rupees ($0.10) per diluted share, marking a substantial increase from 1.29 rupees in the same period last year and surpassing the FactSet analyst consensus estimate of 3.33 rupees. The company's quarterly revenue also beat expectations, reaching 29.05 billion rupees ($340 million), up from 18.12 billion rupees a year earlier and exceeding the analyst estimate of 23.64 billion rupees.
The company's impressive performance extends beyond its quarterly results. ReNew Energy Global reported significant growth in its portfolio capacity, which expanded from approximately 13.5 GW as of March 31, 2024, to around 17.3 GW by the end of March 2025. Additionally, the company has signed new Power Purchase Agreements (PPAs) for 1.2 GW, bringing its total portfolio to roughly 18.5 GW, including a 1.1 GWh Battery Energy Storage System. The company also highlighted its manufacturing expansion, with 6.5 GW of solar module manufacturing and 2.5 GW of cell manufacturing capabilities now in place. Looking ahead, ReNew provided a positive FY26 guidance, anticipating the completion of 1.6 to 2.4 GWs of construction and continued growth in adjusted EBITDA and Cash Flow to Equity, subject to weather and resource availability.
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