ReNew Energy Global (RNW) Net Margin (2020 - 2026)
ReNew Energy Global's Net Margin came in at 13.81% for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 0.82 percentage points from 12.99% a year earlier and up 0.44 percentage points from the prior quarter.
ReNew Energy Global (RNW) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, ReNew Energy Global reported Net Margin of 8.63%, up 1.24 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 7.59%, up 3.54 percentage points from FY2025.
- Net Margin carries a four-year change of +30.84 percentage points (FY2022 to FY2026).
- Going back by fiscal year, Net Margin was 4.05% in FY2025 (-0.45 pp), 4.50% in FY2024 (+9.91 pp), -5.41% in FY2023 (+17.84 pp) and -23.25% in FY2022.
- The fiscal Q2 2027 figure represents the highest quarterly Net Margin since fiscal Q2 2025.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +3.20 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q2 2023 (a gain of 70.96 percentage points), and the weakest in fiscal Q3 2022 (a drop of 18.33 percentage points).
- Business Quant data shows RNW's Net Margin at 13.38% (Q1 2027), 2.36% (Q4 2026) and -0.71% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 99.25 Bn | 90.15 Bn | - | 6.84% |
| 2 | Vistra | 45.00 Bn | 38.18 Bn | - | 6.42% |
| 3 | AXIA Energia | 25.07 Bn | 12.05 Bn | 2.59 Bn | 15.99% |
| 4 | Nrg Energy | 20.48 Bn | 14.70 Bn | 2.01 Bn | 6.54% |
| 5 | Talen Energy | 17.28 Bn | 15.00 Bn | - | 10.40% |
| 6 | Enlight Renewable Energy | 8.62 Bn | 4.92 Bn | 124.81 Mn | 15.77% |
| 7 | Brookfield Renewable Partners | 7.93 Bn | -20.71 Bn | - | - |
| 8 | Ormat Technologies | 5.82 Bn | 4.15 Bn | 77.38 Mn | 11.60% |
| 9 | Oklo | 4.73 Bn | -2.09 Bn | - | -4,011.24% |
| 10 | ReNew Energy Global | 2.52 Bn | 874.42 Mn | - | 13.81% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.81% |
| Jun 30, 2026 | 13.38% |
| Mar 31, 2026 | 2.36% |
| Dec 31, 2025 | -0.71% |
| Sep 30, 2025 | 12.99% |
| Jun 30, 2025 | 13.19% |
| Mar 31, 2025 | 10.88% |
| Dec 31, 2024 | -20.83% |
| Sep 30, 2024 | 18.50% |
| Jun 30, 2024 | 1.82% |
| Mar 31, 2024 | 3.23% |
| Dec 31, 2023 | -20.31% |
| Sep 30, 2023 | 14.42% |
| Jun 30, 2023 | 13.90% |
| Mar 31, 2023 | 0.35% |
| Dec 31, 2022 | -30.82% |
| Sep 30, 2022 | -5.00% |
| Jun 30, 2022 | -0.36% |
| Mar 31, 2022 | -23.86% |
| Dec 31, 2021 | -53.75% |
ReNew Energy Global Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=RNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "RNW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=RNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();