Independent renewable power producer ReNew recorded a total revenue of ₹24.78 billion (~$296.85 million) for the fourth quarter (Q4) of the financial year (FY) 2023-24, a year-over-year (YoY) decrease of 4.4% compared to ₹25.92 billion (~$310.51 million). The decrease in total income was primarily due to lower revenue recognized for the company’s transmission projects.