$RNW

ReNew Energy Global plc

CIK:0001848763|SEC Filings

Consolidated Statement Of Profit Or Loss And Other Comprehensive Income ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2026 INR (₨) ₨ / shares	Mar. 31, 2026 USD ($) $ / shares	Mar. 31, 2025 INR (₨) ₨ / shares	Mar. 31, 2024 INR (₨) ₨ / shares
Income
Revenue	₨ 132,196	$ 1,409	₨ 97,063	₨ 81,319
Other operating income	998	11	450	629
Late payment surcharge and interest from customers	1,111	12	7	1,451
Finance income and fair value change in derivative instruments	5,074	54	4,572	5,272
Other income	11,072	118	6,383	7,309
Change in fair value of warrants	184	2	595	551
Total income	150,635	1,605	109,070	96,531
Expenses
Raw materials and consumables used	25,414	271	10,468	3,844
Increase in inventory of finished goods	(3,909)	(42)	(1,875)
Employee benefits expense	6,586	70	4,616	4,467
Depreciation, amortisation and impairment	26,738	285	20,670	17,583
Other expenses	20,055	214	12,783	14,834
Finance costs and fair value change in derivative instruments	61,754	658	52,352	47,506
Total expenses	136,638	1,455	99,014	88,234
Profit before share of loss of jointly controlled entities and tax	13,997	149	10,056	8,297
Share of loss of jointly controlled entities	(377)	(4)	(22)	(155)
(Loss)/ profit before tax	13,620	145	10,034	8,142
Income tax expense
Current tax	3,775	40	1,514	981
Deferred tax	(540)	(6)	3,929	3,014
Profit/(loss) for the year	10,385	111	4,591	4,147
Other comprehensive income that may be reclassified to profit or loss in subsequent periods (net of tax):
Net (loss) / gain on cash flow hedge reserve	2,925	31	633	(2,340)
Net loss on cost of hedge reserve	(1,234)	(13)	(740)	(491)
Total net (loss) / gain on cash flow hedges	1,691	18	(107)	(2,831)
Income tax effect	(464)	(5)	10	626
Other comprehensive income, net of tax, cash flow hedges	1,227	13	(97)	(2,205)
Exchange gain/(loss) on translation of foreign operations (net)	(1,069)	(11)	87	(68)
(Gain) recycled to profit & loss (refer Note 29)	(428)	(5)
Other comprehensive income, net of tax, exchange differences on translation	(1,497)	(16)	87	(68)
Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods	(270)	(3)	(10)	(2,273)
Other comprehensive income / (loss) that will not be reclassified to profit or loss in subsequent periods (net of tax):
Re-measurement gain/(loss) of defined benefit plans	43	0	50	(18)
Income tax effect	(11)	0	(10)	4
Net other comprehensive income / (loss) that will not be reclassified to profit or loss in subsequent periods	32	0	40	(14)
Other comprehensive income / (loss) for the year, net of tax	(238)	(3)	30	(2,287)
Total comprehensive income for the year	10,147	108	4,621	1,860
Profit / (loss) attributable to:
Equity holders of the parent	9,841	105	3,814	3,404
Non-controlling interests	544	6	777	743
Profit for the year	10,385	111	4,591	4,147
Total comprehensive income / (loss) attributable to:
Equity holders of the parent	9,603	102	3,790	1,246
Non-controlling interests	544	6	831	614
Total comprehensive income	₨ 10,147	$ 108	₨ 4,621	₨ 1,860
Earning per share
Basic earnings per share attributable to ordinary equity holders of the Parent (in absolute INR and USD) \| (per share)	₨ 27.6	$ 0.29	₨ 10.92	₨ 9.94
Diluted earnings per share attributable to ordinary equity holders of the Parent (in absolute INR and USD) \| (per share)	₨ 27.24	$ 0.29	₨ 10.81	₨ 9.92

Consolidated Statement of Cash Flows
₨ in Millions, $ in Millions

12 Months Ended

Mar. 31, 2026

INR (₨)

Mar. 31, 2026

USD ($)

Mar. 31, 2025

INR (₨)

Mar. 31, 2024

INR (₨)

Mar. 31, 2026

USD ($)

Cash flows from operating activities

Profit before tax

₨ 13,620

$ 145

₨ 10,034

₨ 8,142

Adjustments to reconcile profit before tax to net cash flows:

Finance costs

60,278

642

51,368

46,762

Depreciation, amortisation and impairment

26,738

285

20,670

17,583

Change in fair value of warrants

(184)

(2)

(595)

(551)

Gain on disposal of subsidiaries (net)

(3,542)

(38)

(3,088)

(3,659)

Share based payments

897

1,277

1,653

Interest income

(4,177)

(45)

(4,451)

(5,121)

Gain on acquisition of 3E NV (refer Note 29)

(2,383)

(25)

Others

621

218

2,256

Working capital adjustments:

(Increase) / decrease in trade receivables and contract assets

(499)

(5)

(3,082)

3,867

Increase in inventories

(9,495)

(101)

(2,395)

(755)

Increase in other assets

(7,867)

(84)

(899)

(1,445)

Increase in trade payables and other liabilities

11,432

122

730

3,493

Cash generated from operations

85,439

911

69,787

72,225

Income tax refund (net)

(4,001)

(43)

(2,222)

(3,294)

Net cash generated from operating activities (a)

81,438

868

67,565

68,931

Cash flows from investing activities

Purchase of property, plant and equipment, intangible assets and right of use assets

(93,966)

(1,001)

(93,659)

(153,838)

Investment in deposits having residual maturity more than 3 months and mutual funds

(504,305)

(5,375)

(363,586)

(443,704)

Redemption of deposits having residual maturity more than 3 months and mutual funds

487,079

5,191

375,219

426,706

Deferred consideration received

642

1,120

Disposal of subsidiaries, net of cash disposed (refer Note 36)

5,302

4,777

5,741

Purchase consideration paid

(1,638)

Interest received

3,694

4,139

3,606

Loans given

(250)

(3)

(292)

(228)

Investment in optionally convertible debentures & energy funds

(306)

(3)

(215)

(290)

Investment in jointly controlled entities (refer Note 51)

(1,189)

(10)

Net cash used in investing activities (b)

(102,752)

(1,095)

(74,164)

(162,535)

Cash flows from financing activities

Shares issued during the period

542

Shares bought back, held as treasury stock (refer Note 16)

(4,819)

Payment for acquisition of interest from non-controlling interest

(335)

(237)

Payment of lease liabilities (including payment of interest expense) (refer Note 38)

(878)

(9)

(663)

(588)

Proceeds from shares and debentures issued by subsidiaries

9,731

104

1,829

7,608

Put options exercised during the year (refer Note 42)

(1,000)

Dividend paid to non-controlling interest

(613)

(7)

Proceeds from interest-bearing loans and borrowings

470,602

5,015

362,957

413,976

Repayment of interest-bearing loans and borrowings

(416,964)

(4,444)

(285,976)

(280,350)

Interest paid (including settlement gain / loss on derivative instruments)

^[1]

(59,870)

(638)

(57,848)

(52,190)

Net cash generated from financing activities (c)

2,550

19,984

82,417

Net increase / (decrease) in cash and cash equivalents (a) + (b) + (c)

(18,764)

(200)

13,385

(11,187)

Cash and cash equivalents at the beginning of the year

40,419

431

27,021

38,182

Cash & cash equivalents received on acquisition (refer Note 52)

107

Effects of exchange rate changes on cash and cash equivalents

Cash and cash equivalents at the end of the year

21,824

$ 233

40,419

27,021

Components of cash and cash equivalents

Cash and cheque on hand

$ 0

Balances with banks:

- On current accounts

8,165

15,083

11,466

- Deposits with original maturity of less than 3 months

14,678

25,335

15,555

156

Total cash and cash equivalents (refer Note 15)

22,845

40,419

27,021

243

Less: Bank overdraft (refer Note 23)

(1,021)

(11)

Total cash and cash equivalents

₨ 21,824

₨ 40,419

₨ 27,021

$ 233

[1]	includes INR 11,269 (March 31, 2025: INR 11,251; March 31, 2024: INR 9,853) that has been capitalized.

Consolidated Statement of Financial Position ₨ in Millions, $ in Millions	Mar. 31, 2026 INR (₨)	Mar. 31, 2026 USD ($)	Mar. 31, 2025 INR (₨)
Non-current assets
Property, plant and equipment	₨ 809,882	$ 8,631	₨ 747,066
Intangible assets	41,086	438	36,217
Right-of-use assets	18,314	195	14,506
Investment in jointly controlled entities and associates [Restated, refer Note 51(a)]	375	4	4,250
Trade receivables	3,887	41	7,528
Investments	1,399	15	1,078
Other financial assets	10,472	112	6,497
Deferred tax assets (net)	10,319	110	7,073
Tax assets	8,787	94	8,770
Contract assets	3,393	36	2,724
Other non-financial assets	12,891	137	9,578
Total non-current assets	920,805	9,814	845,287
Current assets
Inventories	13,538	144	4,164
Trade receivables	20,207	215	16,740
Investments	7,286	78	264
Cash and cash equivalents	22,845	243	40,419
Bank balances other than cash and cash equivalents	46,706	498	40,099
Other financial assets	15,507	165	7,148
Contract assets	422	4	108
Other non-financial assets	8,772	93	5,476
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners	135,283	1,442	114,418
Assets held for sale [Restated, refer Note 51(a)]			94
Total current assets	135,283	1,442	114,512
Total assets	1,056,088	11,255	959,799
Equity
Issued capital	4,808	51	4,808
Share premium	155,365	1,656	154,204
Retained earnings/(losses)	(43,221)	(461)	(53,755)
Other components of equity	8,908	95	7,345
Equity attributable to equity holders of the parent	125,860	1,340	112,602
Non-controlling interests	18,536	198	18,510
Total equity	144,396	1,538	131,112
Non-current liabilities
Interest-bearing loans and borrowings- Principal portion	527,621	5,623	582,307
Lease liabilities	11,343	121	8,282
Other financial liabilities	15,819	169	6,576
Provisions	10,569	113	9,484
Deferred tax liabilities (net)	27,127	289	24,481
Other non-financial liabilities	1,377	15	1,122
Total non-current liabilities	593,856	6,329	632,252
Current liabilities
Interest-bearing loans and borrowings- Principal portion	240,145	2,559	140,711
Interest-bearing loans and borrowings - Interest accrued	5,046	54	5,405
Lease liabilities	1,090	12	977
Trade payables	17,820	190	8,173
Other financial liabilities	45,670	487	34,754
Tax liabilities (net)	286	3	378
Other non-financial liabilities	7,779	83	5,996
Total current liabilities other than liabilities included in disposal groups classified as held for sale	317,836	3,387	196,394
Liabilities directly associated with the assets held for sale			41
Total current liabilities	317,836	3,387	196,435
Total liabilities	911,692	9,716	828,687
Total equity and liabilities	₨ 1,056,088	$ 11,255	₨ 959,799