ReNew Q3 results: Loss narrows to Rs 321 cr, revenue rises to Rs 1,929 cr
ReNew on Tuesday said its net loss narrowed to Rs 321.6 crore during the quarter ended December 31, 2023.
It had posted a net loss of Rs 401.3 crore during the October-December period of the preceding 2022-23 financial year, the renewable energy firm said in a statement.
The company’s total revenue rose to Rs 1,929 crore, from Rs 1,607.7 crore in the year-ago period.
The earnings before interest, taxes, depreciation, and amortization (EBITDA) was Rs 1,250.9 crore in the quarter under review, as against Rs 1,162.8 crore the third quarter last fiscal.
