NEW DELHI: State-owned Ireda on Tuesday reported a 49 per cent rise in its standalone profit after tax to Rs 502 crore in the quarter ended March 31, 2025. Its income from operations rose 37 per cent yr-on-yr (YoY) to Rs 1,904 crore in the fourth quarter, the corporate stated in a press release.
For FY25, the corporate stated its profit after tax (PAT) was the best ever at Rs 1,699 crore, up 36 per cent in contrast to FY24.
Its income from operations additionally grew by 36 per cent YoY to Rs 6,742 crore in FY25.
As of March, the corporate stated its net price was at Rs 10,266 crore, up 20 per cent YoY.
The corporate has registered a 20 per cent development in mortgage guide to Rs 76,282 crore in FY25.
“Ireda’s sustained development in income, profitability, and mortgage guide underscores our strategic focus in direction of financing India’s renewable power ambitions.
“We stay dedicated to being the enabler of India’s inexperienced power transition by means of revolutionary monetary options and strategic partnerships,” its chairman and managing director Pradip Kumar Das stated.
Ireda, below the ministry ofnew and renewable power, is a non-banking monetary establishment engaged in selling, creating and increasing monetary help for organising initiatives associated to new and renewable sources of power and power effectivity/conservation.
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