ReNew Energy Global PLC (NASDAQ:RNW) has reported strong financial results, achieving an earnings per share of $0.10 for its most recent quarter, surpassing the expected $0.07. The company’s revenue reached approximately $403 million, exceeding projections and showcasing its robust strategic growth.

Despite high valuation and debt levels, RNW’s financial achievements highlight its advancements in the renewable energy industry.

Company Overview

ReNew Energy Global PLC, trading on NASDAQ under the symbol RNW, plays a prominent role in the renewable energy landscape by focusing on clean energy production through wind, solar, and hydroelectric sources. The firm competes with industry leaders such as NextEra Energy and Brookfield Renewable Partners. The latest earnings report emphasizes its significant financial performance and strategic progress.

On June 16, 2025, RNW reported an earnings per share of $0.10, significantly exceeding the Zacks Consensus Estimate of $0.07, which reflects an improvement from the previous year’s $0.02 per share. This accomplishment showcases the company’s ability to not just meet but exceed market expectations.

RNW’s quarterly revenue totaled approximately $403 million, surpassing estimates and highlighting the company’s reported fourfold increase in net profit during the fourth quarter, as reported by Business Wire. This robust revenue growth reinforces RNW’s strategic advancements in the renewable energy sector.

Despite these achievements, RNW faces notable financial challenges. It currently has a high price-to-earnings (P/E) ratio of 725.66, indicating a significant valuation premium compared to earnings. Its debt-to-equity ratio of 6.80 suggests a high debt burden relative to equity, which may pose financial risks. Additionally, RNW’s current ratio of 0.60 raises concerns about liquidity challenges in meeting short-term obligations. Nevertheless, the company’s enterprise value to sales ratio of 10.69 and enterprise value to operating cash flow ratio of 13.93 illustrate its valuation in relation to its sales and cash flow. Despite a low earnings yield of 0.14%, RNW’s prospects in the renewable sector remain compelling.