Indian Renewable Energy Development Agency (IREDA) reported a robust 49% YoY increase in consolidated net profit for Q4FY25, reaching Rs 502 crore, driven by a 37% surge in total revenue from operations to Rs 1,905 crore. The company’s outstanding loan book grew by 28% YoY to Rs 76,282 crore.
Dollar wobbles as markets cling to hopes for Middle East peace deal
Investor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure on