ReNew Energy Global reported fiscal third-quarter and nine-month results, with operating capacity growing to 11.8 GW and overall portfolio at 19.2 GW, including 1.5 GW of BESS. Adjusted EBITDA rose 31% to INR 74.8 billion, with revenue up 48%. The company pivoted toward solar and BESS, reducing wind in its committed portfolio from 2.5 GW to 850 MW. Manufacturing contributed INR 10.8 billion to EBITDA, with a 4 GW cell facility under construction. ReNew raised FY guidance for Adjusted EBITDA to INR 90-93 billion and cash flow to equity to INR 14-17 billion. The company aims to reduce leverage over time and maintain focus on sustainability.

Read more at Yahoo Finance: ReNew Energy Global Q3 Earnings Call Highlights