NASDAQ$RNW

ReNew Energy Global Plc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

ReNew reported a strong Q2 FY26 with revenue and net income growth supported by manufacturing momentum and steady operational execution.

ReNew delivered a solid Q2 FY26 with a 36% YoY revenue increase, strong adjusted EBITDA of ₹26.2 billion, and a net income of ₹4.675 billion. Manufacturing contributed significantly to both revenue and EBITDA, reinforcing the company’s vertical integration strategy.

  • Revenue grew to ₹36.27 billion in Q2 FY26, driven by increased generation and manufacturing sales.
  • Net income for the quarter was ₹4.675 billion.
  • Adjusted EBITDA reached ₹26.24 billion, with ₹3.3 billion contributed by manufacturing.
  • India remained the key geography for revenue, with no reported international sales segmentation.

Headline financials

Total Revenue

¥2.65B

No prior period
EPS (adj)

¥1.19

No prior period
Adjusted EBITDA

¥296M

No prior period
Commissioned capacity

11.6M

No prior period
Free Cash Flow

¥51.6M

No prior period
Net Income

¥52.7M

No prior period
Operating Income

¥296M

No prior period
Cash & Equivalents

¥8.86B

No prior period

Revenue & EPS history

ReNew · Revenue · Quarterly

¥2.65B

Q2 2026
Beat estimate in 10 of 13 quarters(77%)
ActualEstimate

Forward guidance

For Q4 2025, Hello Group expects total net revenues of RMB2.52 billion to RMB2.62 billion, representing a year-over-year decrease of 4.4% to 0.6%.

Tailwinds

  • Overseas portfolio expected to remain a growing revenue contributor
  • Continued share repurchases with $144.5M remaining under the buyback program

Headwinds

  • Guidance implies further YoY revenue decline at the midpoint
  • Mainland Momo app still faces weak consumer sentiment and paying-user attrition

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+1.4%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+5.3%

Avg return

30 days after

59%

10 / 17 earnings

Positive

+11.0%

Q1 2023

Best reaction

-4.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2025———
Q3 2027+2.8%+4.6%+11.0%
Q2 2026-2.0%-1.2%+0.5%
Q1 2026+0.7%+1.3%-0.4%
Q4 2026+4.0%-3.5%+12.8%
Q4 2024-4.1%+7.1%-1.5%
Q3 2024-3.0%+0.5%-3.7%
Q2 2024+6.6%+3.2%+23.8%
Q1 2024-3.8%-1.3%-1.2%
Q4 2023+6.7%+6.7%+3.4%
Q3 2023-2.3%-5.7%-16.2%
Q2 2023+3.4%-3.4%-11.1%
Q1 2023+11.0%+6.2%+3.6%
Q4 2022-0.9%+5.4%+15.7%
Q3 2021-0.9%+5.4%+15.7%
Q1 2022+1.1%+10.4%+18.4%
Q2 2022+1.1%+10.4%+18.4%
Q4 2020+2.7%+1.7%+0.8%
Q3 2020———
Q2 2020———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———

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