ReNew Energy Global GAAP EPS of $0.00 beats by $0.10, revenue of $280M beats by $16.96M

2026-02-16 03:58:56 ET

• ReNew Energy Global press release ( RNW ): Q3 GAAP EPS of $0.00 beats by $0.10 .
• Revenue of $280M (+12.9% Y/Y) beats by $16.96M .
• Total Income for Q3 FY26 was INR 31,372 million (US$ 349 million), compared to INR 21,198 million (US$ 236 million) for Q3 FY25.
• In Q3 FY26, the company commissioned 288 MWs, which included 238 MWs of wind and 50 MWs of solar capacity. In the first nine months of FY26, it commissioned 1.3 GWs, of which 578 MWs was wind and 751 MWs was solar.
• Subsequent to the end of the quarter, the Company commissioned ~240 MWs, taking the total commissioned capacity as on date to ~11.7 GWs (+100 MW BESS).
• ReNew Energy Global has revised its FY2026 outlook and now expects to complete 1.8–2.4 GW of construction by year-end, while noting that Adjusted EBITDA and Cash Flow to Equity remain dependent on weather conditions and resource availability. The company also expects continued net gains from asset sales as part of its capital-recycling strategy, and projects its solar module and cell manufacturing business to contribute INR 11–13B in Adjusted EBITDA.
• Overall, FY26 guidance stands at INR 90–93B for Adjusted EBITDA and INR 14–17B for Cash Flow to Equity.

Read the full article on Seeking Alpha

For further details see: