ReNew Energy Global PLC reported Q2 2026 earnings of $0.17 per share, beating consensus estimates of $0.16, with revenues of $518 million exceeding expectations by 11.35%. The company has outperformed the market by 21.2% year-to-date versus the S&P 500's 10.7% gain. However, the stock received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.
RNW
ReNew Energy Global plc Class AAbout RNW
ReNew Energy Global PLC is a developer and operator of clean energy projects. Additionally, it provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services that are increasingly integral to addressing climate change. The company has two reportable segments: Generation and sale of renewable power and Manufacturing of power equipment. The majority of its revenue is generated from the Generation and sale of renewable power segment, which reflects the revenue earned from its utility-scale wind energy projects, solar energy projects, and hydro energy projects. The Manufacturing of power equipment segment relates to the manufacturing of solar panels and modules. Geographically, all of its material revenues are generated from India.
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