Company data sheet · ReNew Energy Global
ReNew Energy Global: four lost years, and the economy wasn't the reason.
- Industry
- Electric Services
- Headquarters
- India
- Ticker
- RNW (Nasdaq)
- Sources
- SEC filings (2021–2026), Stratrix's verified Decision Cases, market data and official economic statistics for India
- Data as of
- October 18, 2026
- From profit to four straight losses. ReNew Energy Global earned ₹2.6 billion in fiscal 2019–2019. Then it lost money every year from fiscal 2020 to 2023: ₹31.4 billion in all. Fiscal 2024 was its first profit in five years: ₹3.4 billion.
- It wasn't the cycle. The losses began in fiscal 2020 (mostly calendar 2019), a year India economy grew 4.6%. When a company falls while its economy grows, look inside the company first.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2019 | ₹47.9 billion | ₹2.6 billion | |
| 2020 | ₹53.3 billion | −₹2.7 billion | |
| 2021 | ₹54.5 billion | −₹7.8 billion | |
| 2022 | ₹59.3 billion | −₹16.1 billion | |
| 2023 | ₹78.2 billion | −₹4.8 billion | |
| 2024 | ₹81.3 billion | ₹3.4 billion | |
| 2025 | ₹97.1 billion | ₹3.8 billion |
As reported in its annual filings, in INR. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 5 measures for India, every year since 2016, from the official sources.
- Peer comparison: against 404 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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