New Delhi: Nasdaq-listed ReNew Energy Global on Thursday reported a thirteen-fold growth in its net profit to ₹513.1 crore in the April-June quarter of FY26, buoyed by higher solar module and power sales.The renewable energy company’s net profit was ₹39.4 crore in the April-June period a year ago.Its total income jumped 65% year-on-year to ₹4,118.2 crore during the June quarter, the company said in a statement.Revenue from sale of power stood at ₹2,547.3 crore ($297 million), compared to ₹2,233.5 crore ($260 million) in the April-June period of FY25.Total income for Q1 FY26 from module and cell manufacturing operations was ₹1,322.3 crore ($154 million).”Adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) for Q1 FY26 was ₹27,220 million ($317 million), as against ₹18,979 million ($221 million) in Q1 FY25,” it said.As of 30 June, the company’s portfolio consisted of 18.2 GW of renewable energy capacity and 1.1 GWh battery energy storage solution (BESS) capacity. In addition, the company has 6.5 GW of solar module manufacturing and 2.5 GW of cell manufacturing, which is operational and is building a 4 GW cell manufacturing facility.”The company reiterates its FY26 guidance and expects to complete the construction of 1.6 to 2.4 GWs by the end of fiscal year 2026. The company’s Adjusted EBITDA and cash flow to equity guidance for FY26 are subject to weather and resource availability,” the company said in the statement.In May, British International Investment (BII) invested $100 million in the solar module and cell manufacturing subsidiary of ReNew. The investment will be deployed towards adding 4 gigawatts of solar module and cell manufacturing capacity.Last month, its promoters revised their offer to take the Nasdaq-listed renewable energy company private.The consortium increased its offer price to $8 per share, payable in cash compared with the original offer of $7.07 per share. ReNew’s shares traded little changed at $7.66 apiece in New York on Thursday. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
