Shares of Indian Renewable Energy Development Agency (IREDA) surged over 6% after the company posted robust financial results for the quarter ended March 31, 2025 (Q4 FY25).
IREDA reported a 48.7% year-on-year (YoY) rise in consolidated net profit at Rs 501.5 crore, compared to Rs 337.4 crore in the same quarter last year. The impressive performance was driven by strong loan disbursements and efficient asset management.
The company’s Net Interest Income (NII) jumped 57.5% YoY to Rs 758 crore, while Pre-Provision Operating Profit (PPOP) increased by 40.7% to Rs 587 crore. These figures reflect IREDA’s strategic focus on expanding its renewable energy lending portfolio.
IREDA credited the growth to a sustained push in the green energy sector and improved operational efficiency. The company has been playing a key role in financing clean energy projects across India.
In the previous quarter (Q3 FY25), IREDA also delivered strong numbers, with revenue from operations rising 35.57% to Rs 1,698.99 crore, and profit after tax increasing 26.77% to Rs 425.37 crore.
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