ReNew Energy Global Plc’s loss narrowed to Rs 98.6 crore in September quarter compared to a year-ago, mainly supported by higher revenues.
In the corresponding period a year-ago, the company had posted a net loss of Rs 661.4 crore, a company statement said.
Total Income (or total revenue) of the company for Q2 FY23 was at Rs 2,240.9 crore, an increase of 5.1 per cent over Q2 FY22, it said.
“ReNew continues to lead the energy transition in India and during the quarter, we signed 1 GW of purchase power agreements as a preferred partner for carbon-mitigation solutions,” Sumant Sinha, Chairman and CEO, ReNew, said in the statement.