ReNew Energy Global Plc reported its second‑quarter results for fiscal year 2026, covering the period ended September 30, 2025, on Monday, November 10, 2025. The company posted an 84% year‑over‑year increase in net profit for the first half of FY26, underscoring robust profitability amid a growing renewable‑energy pipeline.
The company reaffirmed its FY26 guidance, projecting Adjusted EBITDA of INR 87 billion to INR 93 billion and cash‑flow‑to‑equity of INR 14 billion to INR 17 billion. It also reiterated its target to complete 1.6 GW to 2.4 GW of new capacity by the end of FY26, and highlighted that external sales from its solar module and cell manufacturing are expected to contribute INR 10 billion to INR 12 billion of Adjusted EBITDA in the guidance.
ReNew’s earnings call, held at 8:30 AM EST, emphasized the company’s vertically integrated model and the cost advantage of its in‑house manufacturing, which is expected to drive margin expansion in the coming year. The updated guidance and strong profit growth signal continued operational momentum and reinforce investor confidence in the company’s strategic trajectory.
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