India, July 30 -- Renault (RNT.L,RNSDF.PK,RNSDY.PK,RNO.PA,RNL.DE), a major French automaker, reported a net profit for the first half of fiscal 2026, helped by increased revenue and decreased expenses.
For the six-month period, the company reported a net income, Group share, of EUR 705 million, compared with a net loss of EUR 11.185 billion in the same period last year. Last year's net loss was due to a one-time loss of EUR 9.315 billion on its stake in Nissan and a negative contribution of EUR 2.331 billion from Nissan.
Net Income, Group share, adjusted from Nissan impact surged to EUR 705 million from EUR 461 million a year ago.
Operating income stood at EUR 1.126 billion as against an operating loss of EUR 8.404 billion in the previou...