Indian Renewable Energy Development Agency Ltd Share Price – NSE  / BSE

Finance, Small Cap

Profit before tax (PBT) jumped 31.33% to Rs 629.98 crore during the quarter ended 31st March 2025.

Total expenses increased 41% YoY to Rs 1,285.91 crore in Q4 FY25. Finance cost stood at Rs 1,103.74 crore (up 30.27%), employee benefit expense was at Rs 21.44 crore (up 12.55% YoY), while corporate social responsibility (CSR) expenses stood at Rs 6.30 crore (down 62.41% YoY) during the period under review.

The company?s asset quality declined to 1.35% as of 31st March 2025 as compared with 0.99% as of 31st March 2024.

In FY25, the company?s consolidated net profit jumped 35.6% to Rs 1,698.34 crore in FY25 as compared with Rs 1252.24 crore in FY24. Revenue from operations jumped 35.85% YoY to Rs 6743.32 crore in FY25.

Cost of borrowing declined to 7.61% in FY25 from 7.81% in FY24. Net interest margin increased 3.27% in FY25 as compared with 2.85% in FY24.

Yield on loan assets (Gross) stood at 10.03% in FY25 as compared with 9.97% in FY24.

Indian Renewable Energy Development Agency (IREDA) is a 'Navratna' Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). IREDA is a public limited government company, established as a non-banking financial institution in 1987, engaged in promoting, developing, and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. As of December 2024, the Government of India held a 75% stake in IREDA.

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Net profit of Indian Renewable Energy Development Agency rose 48.66% to Rs 501.55 crore in the quarter ended March 2025 as against Rs 337.39 crore during the previous quarter ended March 2024. Sales rose 41.37% to Rs 1893.99 crore in the quarter ended March 2025 as against Rs 1339.78 crore during the previous quarter ended March 2024.

For the full year,net profit rose 35.62% to Rs 1698.34 crore in the year ended March 2025 as against Rs 1252.24 crore during the previous year ended March 2024. Sales rose 37.24% to Rs 6685.14 crore in the year ended March 2025 as against Rs 4871.16 crore during the previous year ended March 2024.

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Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 15 April 2025.

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Net profit of Indian Renewable Energy Development Agency rose 48.66% to Rs 501.55 crore in the quarter ended March 2025 as against Rs 337.39 crore during the previous quarter ended March 2024. Sales rose 41.37% to Rs 1893.99 crore in the quarter ended March 2025 as against Rs 1339.78 crore during the previous quarter ended March 2024.

For the full year,net profit rose 35.62% to Rs 1698.34 crore in the year ended March 2025 as against Rs 1252.24 crore during the previous year ended March 2024. Sales rose 37.24% to Rs 6685.14 crore in the year ended March 2025 as against Rs 4871.16 crore during the previous year ended March 2024.

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Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 15 April 2025.

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Indian Renewable Energy Development Agency announced that the tenure of Dr Jaganath Chennakeshava Murthy Jodidhar , Part-time Non-Official (Independent) Director has been completed on 27 March 2025 in terms of Ministry of New and Renewable Energy (MNRE) order dated 28 March 2022 and accordingly he is ceased to be director of IREDA w.e.f., 28 March 2025.

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Profit before tax (PBT) jumped 31.33% to Rs 629.98 crore during the quarter ended 31st March 2025.

Total expenses increased 41% YoY to Rs 1,285.91 crore in Q4 FY25. Finance cost stood at Rs 1,103.74 crore (up 30.27%), employee benefit expense was at Rs 21.44 crore (up 12.55% YoY), while corporate social responsibility (CSR) expenses stood at Rs 6.30 crore (down 62.41% YoY) during the period under review.

The company?s asset quality declined to 1.35% as of 31st March 2025 as compared with 0.99% as of 31st March 2024.

In FY25, the company?s consolidated net profit jumped 35.6% to Rs 1,698.34 crore in FY25 as compared with Rs 1252.24 crore in FY24. Revenue from operations jumped 35.85% YoY to Rs 6743.32 crore in FY25.

Cost of borrowing declined to 7.61% in FY25 from 7.81% in FY24. Net interest margin increased 3.27% in FY25 as compared with 2.85% in FY24.

Yield on loan assets (Gross) stood at 10.03% in FY25 as compared with 9.97% in FY24.

Indian Renewable Energy Development Agency (IREDA) is a 'Navratna' Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). IREDA is a public limited government company, established as a non-banking financial institution in 1987, engaged in promoting, developing, and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. As of December 2024, the Government of India held a 75% stake in IREDA.

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Net profit of Indian Renewable Energy Development Agency rose 48.66% to Rs 501.55 crore in the quarter ended March 2025 as against Rs 337.39 crore during the previous quarter ended March 2024. Sales rose 41.37% to Rs 1893.99 crore in the quarter ended March 2025 as against Rs 1339.78 crore during the previous quarter ended March 2024.

For the full year,net profit rose 35.62% to Rs 1698.34 crore in the year ended March 2025 as against Rs 1252.24 crore during the previous year ended March 2024. Sales rose 37.24% to Rs 6685.14 crore in the year ended March 2025 as against Rs 4871.16 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 15 April 2025.

Powered by Capital Market - Live News

Net profit of Indian Renewable Energy Development Agency rose 48.66% to Rs 501.55 crore in the quarter ended March 2025 as against Rs 337.39 crore during the previous quarter ended March 2024. Sales rose 41.37% to Rs 1893.99 crore in the quarter ended March 2025 as against Rs 1339.78 crore during the previous quarter ended March 2024.

For the full year,net profit rose 35.62% to Rs 1698.34 crore in the year ended March 2025 as against Rs 1252.24 crore during the previous year ended March 2024. Sales rose 37.24% to Rs 6685.14 crore in the year ended March 2025 as against Rs 4871.16 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 15 April 2025.

Powered by Capital Market - Live News

Indian Renewable Energy Development Agency announced that the tenure of Dr Jaganath Chennakeshava Murthy Jodidhar , Part-time Non-Official (Independent) Director has been completed on 27 March 2025 in terms of Ministry of New and Renewable Energy (MNRE) order dated 28 March 2022 and accordingly he is ceased to be director of IREDA w.e.f., 28 March 2025.

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