IREDA Q3 PAT up 27% YoY backed by higher income

January 10, 2025

Indian Renewable Energy Development Agency (IREDA) Ltd’s net profit for Q3 grew by 26% to Rs 425.4 crore, driven by higher interest income, increased loan sanctions, and lower borrowing costs. Revenue rose 36% to Rs 1,698 crore. The company’s loan portfolio expanded to Rs 68,960 crore, supported by increased disbursements and improved asset quality.

More To Explore

ETMarkets Smart Talk: Mid & Small Caps plunge 25%: A buying opportunity or more pain ahead?

The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of

March 10, 2025

Positive Breakout: These 5 stocks cross above their 200 DMAs

In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 07, according to stockedge.com’s technical scan data.

March 10, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003