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Indian Renewable Energy Development Agency LimitedImportant, 30-07-2025: Updates

30-07-2025 | 04:23 pm

IREDA reports strong financial results for the recent fiscal year, with Net Profit rising 35% and Total Income up 36%. The loan book expanded significantly by 28%. The company raised over 4,300 Cr in Q4 via private placement and fully utilized IPO proceeds for capital. Despite some loan accounts classified differently due to court orders, prudent accounting is applied. While gross and net NPAs saw a slight uptick, CRAR improved to 17.77%. A new subsidiary in IFSC GIFT City was incorporated and included in Q4 consolidated results, signaling strategic expansion. Auditors issued clean reports.

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