New Delhi, June 16 -- Nasdaq-listed ReNew Energy Global Plc on Monday reported a fivefold year-on-year jump in its profit in the quarter ended March.

The net profit for the fourth quarter of FY25 stood at Rs.313.7 crore ($37 million) compared with Rs.60.9 crore ($7 million) a year earlier, according to the company's filing to the US Securities and Exchange Commission.

The increase was primarily "driven by higher operating revenues, external sales from our module and cell manufacturing operations, and lower tax incidence, partially offset by higher scale linked financing costs & depreciation, including costs attributable to external sales from our module and cell manufacturing operations, and lower resource availability," the filing said...