ReNew Energy Global (ReNew Energy Global) Pretax Margin % : -20.35% (As of Dec. 2023)

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What is ReNew Energy Global Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ReNew Energy Global's Pre-Tax Income for the three months ended in Dec. 2023 was $-39 Mil. ReNew Energy Global's Revenue for the three months ended in Dec. 2023 was $192 Mil. Therefore, ReNew Energy Global's pretax margin for the quarter that ended in Dec. 2023 was -20.35%.

The historical rank and industry rank for ReNew Energy Global's Pretax Margin % or its related term are showing as below:

RNW' s Pretax Margin % Range Over the Past 10 Years
Min: -20.61 Med: -3.16 Max: 11.44
Current: 6.2

RNW's Pretax Margin % is ranked worse than
60.53% of 413 companies
in the Utilities - Independent Power Producers industry
Industry Median: 10.33 vs RNW: 6.20

ReNew Energy Global Pretax Margin % Historical Data

The historical data trend for ReNew Energy Global's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ReNew Energy Global Pretax Margin % Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

11.44

-1.29

-10.64

-20.61

-3.16

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial											-27.24	-3.09	21.62	18.18	-20.35

Competitive Comparison of ReNew Energy Global's Pretax Margin %

For the Utilities - Renewable subindustry, ReNew Energy Global's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ReNew Energy Global's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ReNew Energy Global's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ReNew Energy Global's Pretax Margin % falls into.

ReNew Energy Global Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

ReNew Energy Global's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	-30.024	/	950.849
	=	-3.16 %

ReNew Energy Global's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-39.085	/	192.099
	=	-20.35 %

ReNew Energy Global (NAS:RNW) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

ReNew Energy Global Pretax Margin % Related Terms

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ReNew Energy Global (ReNew Energy Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (NAS:RNW) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

7JU:Germany 7JU:Germany

Address

C/o Vistra (UK) Ltd., 4th Floor 11-12 St. James’ Square, London, GBR, SW1Y 4LB

Website

https://www.renewpower.in

ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.