ReNew Energy Global Plc (RNW) Income Statement
RNW FY2026 at a glance
Fiscal year ended March 31, 2026 · Indian rupeesRNW revenue and net income
Where RNW's revenue goes
FY2026Each bar shows an amount and its share of revenue. RNW kept 7.9% of revenue as net income.
RNW profit margins
RNW growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +43.3% | +21.2% | +23.6% | +36.6% |
| Gross profit | −8.0% | +4.5% | +11.3% | +29.5% |
| Operating income | +16.2% | +12.4% | +15.0% | +33.2% |
| Net income | +186.5% | — | — | +29.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RNW income statement in Indian rupees
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹139.10B | ₹97.06B | ₹81.32B | ₹78.22B | ₹59.35B | ₹48.19B | ₹48.41B | ₹43.14B | ₹24.62B | ₹13.07B |
| Cost of revenue | ₹57.69B | ₹8.59B | ₹3.84B | ₹6.96B | ₹324.0M | ₹426.0M | ₹530.0M | ₹81.0M | ₹522.0M | ₹3.9M |
| Gross profit | ₹81.41B | ₹88.47B | ₹77.47B | ₹71.27B | ₹59.02B | ₹47.76B | ₹47.88B | ₹43.06B | ₹24.09B | ₹13.07B |
| Sales, general & admin | ₹12.52B | ₹8.50B | ₹8.60B | ₹8.57B | ₹7.81B | ₹2.98B | ₹2.17B | ₹2.76B | ₹938.0M | ₹548.8M |
| Total operating expenses | ₹21.10B | ₹36.56B | ₹31.53B | ₹28.86B | ₹24.83B | ₹17.84B | ₹15.47B | ₹12.62B | ₹9.99B | ₹5.44B |
| Operating income | ₹60.30B | ₹51.91B | ₹45.95B | ₹42.41B | ₹34.19B | ₹29.92B | ₹32.41B | ₹31.37B | ₹14.20B | ₹7.69B |
| Interest income | ₹4.06B | ₹3.97B | ₹4.09B | ₹2.91B | ₹1.80B | ₹1.89B | ₹2.18B | ₹1.47B | — | — |
| Interest expense | ₹64.98B | ₹598.3M | ₹43.03B | ₹546.7M | ₹529.0M | ₹475.0M | ₹33.44B | ₹26.27B | ₹0 | — |
| Income before taxes | ₹14.33B | ₹10.03B | ₹8.14B | −₹2.47B | −₹12.23B | −₹5.13B | −₹623.0M | ₹4.93B | ₹841.0M | ₹1.02B |
| Income taxes | ₹3.40B | ₹5.44B | ₹4.00B | ₹2.56B | ₹3.90B | ₹2.90B | ₹2.16B | ₹1.82B | ₹321.0M | ₹508.3M |
| Net income | ₹10.93B | ₹3.81B | ₹3.40B | −₹4.82B | −₹16.08B | −₹7.82B | −₹2.70B | ₹2.65B | ₹300.0M | ₹338.2M |
| EBITDA | ₹107.44B | ₹81.08B | ₹68.75B | ₹57.45B | ₹37.98B | ₹42.63B | ₹44.05B | ₹40.70B | ₹21.30B | ₹11.51B |
| Gross margin | 58.5% | 91.1% | 95.3% | 91.1% | 99.5% | 99.1% | 98.9% | 99.8% | 97.9% | 100.0% |
| Operating margin | 43.4% | 53.5% | 56.5% | 54.2% | 57.6% | 62.1% | 66.9% | 72.7% | 57.7% | 58.9% |
| Net margin | 7.9% | 3.9% | 4.2% | −6.2% | −27.1% | −16.2% | −5.6% | 6.1% | 1.2% | 2.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹44.85B | ₹32.29B | ₹25.35B | ₹36.27B | ₹39.00B | ₹29.05B | ₹18.47B | ₹26.73B | ₹22.81B | ₹18.12B | ₹15.99B | ₹25.96B |
| Cost of revenue | ₹19.78B | ₹16.51B | ₹11.00B | ₹5.61B | ₹6.69B | ₹5.37B | ₹2.58B | ₹413.0M | ₹237.0M | ₹1.10B | ₹1.01B | ₹1.17B |
| Gross profit | ₹25.07B | ₹15.78B | ₹14.35B | ₹30.66B | ₹32.31B | ₹23.68B | ₹15.90B | ₹26.32B | ₹22.57B | ₹17.02B | ₹14.98B | ₹24.79B |
| Sales, general & admin | ₹1.99B | ₹8.18B | ₹1.30B | ₹1.42B | ₹1.62B | ₹5.09B | ₹816.0M | ₹1.16B | ₹1.54B | ₹4.98B | ₹1.32B | ₹1.15B |
| Total operating expenses | ₹4.36B | ₹6.23B | ₹5.02B | ₹11.88B | ₹12.09B | ₹9.28B | ₹8.59B | ₹9.04B | ₹9.65B | ₹7.34B | ₹8.05B | ₹9.55B |
| Operating income | ₹20.71B | ₹9.55B | ₹9.33B | ₹18.78B | ₹20.22B | ₹14.40B | ₹7.31B | ₹17.28B | ₹12.92B | ₹10.78B | ₹6.93B | ₹15.24B |
| Interest income | ₹1.18B | ₹621.0M | ₹1.14B | ₹1.05B | ₹1.25B | ₹399.0M | ₹1.24B | ₹1.17B | ₹1.15B | ₹201.0M | ₹1.60B | ₹1.16B |
| Interest expense | ₹15.62B | ₹16.23B | ₹16.12B | ₹15.33B | ₹14.45B | ₹169.3M | ₹12.88B | ₹12.60B | ₹12.21B | ₹7.21B | ₹11.79B | ₹12.95B |
| Income before taxes | ₹8.39B | ₹819.6M | −₹509.2M | ₹5.59B | ₹7.73B | ₹3.02B | −₹2.95B | ₹7.47B | ₹2.49B | ₹2.08B | −₹3.25B | ₹4.72B |
| Income taxes | ₹2.40B | ₹30.5M | −₹309.6M | ₹912.0M | ₹2.60B | −₹122.0M | ₹933.0M | ₹2.54B | ₹2.10B | — | −₹38.0M | ₹948.0M |
| Net income | ₹5.99B | ₹789.1M | −₹199.6M | ₹4.67B | ₹5.13B | ₹2.36B | −₹3.88B | ₹4.94B | ₹394.0M | −₹134.0M | −₹3.22B | ₹3.77B |
| EBITDA | ₹28.09B | ₹25.00B | ₹22.07B | ₹27.20B | ₹28.23B | ₹21.07B | ₹15.16B | ₹25.29B | ₹19.55B | — | ₹12.96B | ₹22.11B |
| Gross margin | 55.9% | 48.9% | 56.6% | 84.5% | 82.8% | 81.5% | 86.1% | 98.5% | 99.0% | 93.9% | 93.7% | 95.5% |
| Operating margin | 46.2% | 29.6% | 36.8% | 51.8% | 51.8% | 49.6% | 39.6% | 64.6% | 56.6% | 59.5% | 43.4% | 58.7% |
| Net margin | 13.4% | 2.4% | −0.8% | 12.9% | 13.2% | 8.1% | −21.0% | 18.5% | 1.7% | −0.7% | −20.1% | 14.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in Indian rupees as reported in RNW's financial statements (latest annual report filed July 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RNW financial results
In fiscal year 2026 (ended March 31, 2026), ReNew Energy Global Plc reported revenue of ₹139.1 billion, up 43.3% from the year before. It had net income of ₹10.9 billion (up 186.5%), a net profit margin of 7.9%. Over five years revenue grew at an average rate of 23.6% a year. Figures are in Indian rupees, the currency of its financial statements.
See the RNW stock overview for the latest quote and news, or the RNW chart for price history and technical indicators.
RNW income statement FAQ
What is ReNew Energy Global Plc's annual revenue?
ReNew Energy Global Plc reported total revenue of ₹139.1 billion for fiscal year 2026, which ended on March 31, 2026. That was up 43.3% from ₹97.1 billion the previous year.
Is ReNew Energy Global Plc profitable?
Yes. ReNew Energy Global Plc reported net income of ₹10.9 billion in fiscal 2026, a net profit margin of 7.9%; its operating margin was 43.4%.
What is ReNew Energy Global Plc's gross margin?
ReNew Energy Global Plc's gross margin was 58.5% in fiscal 2026: for every $100 of revenue, ReNew Energy Global Plc kept $59 after the direct cost of its products and services.
How fast is ReNew Energy Global Plc growing?
Revenue grew 23.6% a year on average over the last five fiscal years, from ₹48.2 billion to ₹139.1 billion.
When will ReNew Energy Global Plc report its next earnings?
ReNew Energy Global Plc is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 before the market opens.
When does ReNew Energy Global Plc's fiscal year end?
ReNew Energy Global Plc's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on July 30, 2026.