Indian Renewable Energy Development Agency Limited — Board Meeting, 10-07-2025: Outcome of Board Meeting

Indian Renewable Energy Development Agency Limited (IREDA) has announced a board meeting on July 10, 2025, approving the audited standalone and consolidated financial results for the quarter ended June 30, 2025. Consolidated total income stood at ₹1,959.84 Cr with a net profit after tax of ₹246.88 Cr. The company raised ₹2,005.90 Cr via Qualified Institutional Placement (QIP) and ₹1,500 Cr through taxable unsecured bonds via private placement, fully utilized for renewable energy lending and corporate purposes. Key managerial appointment: Amit Goel promoted as Senior Management and Key Managerial Personnel. The company continues to manage NPAs prudently, with ongoing recovery and legal actions against defaulting borrowers.