The Indian Renewable Energy Development Agency (IREDA) reported a robust financial performance for the fourth quarter of FY25, with its consolidated net profit soaring 49% year-on-year to ₹502 crore, up from ₹337 crore in the same period last year. Revenue from operations also witnessed a significant increase, rising nearly 37% to ₹1,905 crore.
This strong financial showing led to a positive response in the stock market. IREDA’s share price closed with a 9% gain on the NSE, settling at ₹168.16 per share. Despite this uptick, the stock remains over 44% below its 52-week high of ₹310, though it is more than 25% above its 52-week low of ₹137.
IREDA’s Loan Book
In terms of operational metrics, IREDA’s loan book expanded by 28% year-on-year to ₹76,250 crore for FY25. Loan sanctions increased by 27% to ₹47,453 crore, while disbursements grew by 20% to ₹30,168 crore .
Additionally, the company announced the appointment of RM Bansal & Co. as its cost auditor for the current financial year .
Investors and market analysts will be closely monitoring IREDA’s future performance, especially given its pivotal role in financing India’s renewable energy initiatives.
