ReNew Energy Fiscal Q4 Earnings Fall, Total Income Rises; Shares Up Pre-Bell

MT Newswires Live19:06

ReNew Energy Global (RNW) reported fiscal Q4 earnings Monday of 1.59 Indian rupees ($0.02) per diluted share, down from 8.11 rupees a year earlier.

Total income for the quarter ended March 31 was 39.55 billion rupees, up from 34.39 billion rupees a year earlier.

Two analysts surveyed by FactSet expected 28.78 billion rupees.

The company's shares were up 4% in premarket activity.

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