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IREDA’s Profit Surges 30% YoY in Q1 FY 2025 as Loan Book Expands

The company's loan book recorded a 33.77% YoY increase to ₹631.50 billion

July 15, 2024

/ Gautamee Hazarika
/ Other, Renewable Energy
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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 30% year-over-year (YoY) increase in profit after tax for the first quarter (Q1) of the financial year (FY) 2024-2025 to ₹3.84 billion (~$46 million) from ₹2.95 billion (~$35.4 million).

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Gautamee Hazarika

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Financial ResultsIREDAloansNon Performing AssetsRenewable Energy
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