Decarbonization solutions company ReNew Energy posted a total revenue of ₹31.37 billion (~$345.79 million) in the third quarter (Q3) of the financial year (FY) 2026, a 48% year-over-year (YoY) increase from ₹21.19 billion (~$233.57 million). The revenue growth was on account of higher accruals due to an increase in operational capacity, gain on sale of assets, higher wind plant load factor (PLF), and an increase in external sales from the solar module and cell manufacturing operations. The growth was offset by revenue loss from the sale of assets as part of the company’s capital recycling strategy and lower solar PLF.
