ReNew Power reports ₹10.4 crore loss in April-June
Updated: 19 Aug 2022, 01:22 PM IST
TL;DR.ReNew Power explained that the net loss includes a one-time expense for debt premium and the impact of a reclassification of a hedge loss from the balance sheet of ₹2,531 million (USD 32 million or ₹253.1 crore) for the refinancing of dollar bonds with lower cost rupee debt.
FILE PHOTO: A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016. REUTERS/Mukesh Gupta