Hot Pursuit     01-Jul-24
IREDA gains after loans sanctions zoom to Rs 9,136 crore in Q1FY25
Indian Renewable Energy Development Agency (IREDA) advanced 3.54% to Rs 197.20 after the company’s loan sanctions stood Rs 9,136 crore in the June quarter, steeply higher than Rs 1,893 crore in the June quarter of last year.
Loan disbursements for the quarter stood at Rs 5,320 crore, up 67.61% as against with Rs 3,174 crore reported in the same period a year ago.

The outstanding loan book was at Rs 63,150 crore for the quarter ended June 30 2024, registering a growth of 33.77% as compared with Rs 47,207 crore posted in same period a year ago.

IREDA is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy (the MNRE). It is also conferred with the Mini Ratna (Category-I) status. As on March 2024, GoI held 75% stake in IREDA.

The company’s net profit jumped 33% to Rs 337.38 crore in Q4 FY24 as compared with Rs 253.62 crore in Q4 FY23. Revenue from operations increased 33.6% to Rs 1,339.77 crore in Q4 FY24 as compared with Rs 1,002.67 crore posted in corresponding quarter last year.

Previous News
  Indian Renewable Energy Development Agency net profit rises 22.94% in the year ended March 2009
 ( Results - Announcements 18-May-09   11:38 )
  IREDA hits record high after Q1 PAT rises 30% YoY to Rs 384 cr in FY25
 ( Hot Pursuit - 15-Jul-24   11:26 )
  IREDA Q4 PAT climbs 33% YoY to Rs 337 cr
 ( Hot Pursuit - 20-Apr-24   08:47 )
  Market at day's high; European mkt opens lower
 ( Market Commentary - Mid-Session 15-Jul-24   13:34 )
  Indian Renewable Energy Development Agency standalone net profit rises 36.18% in the September 2024 quarter
 ( Results - Announcements 10-Oct-24   17:15 )
  IREDA spurts after achieving Navratna status
 ( Hot Pursuit - 29-Apr-24   12:10 )
  IREDA announces change in directorate
 ( Corporate News - 28-Mar-24   13:46 )
  IREDA PAT rises 36% YoY to Rs 388 crore in Q2 FY25
 ( Hot Pursuit - 11-Oct-24   10:37 )
  Sensex, Nifty end with minor gains; broader mkt rallies
 ( Market Commentary - Quick Review 22-Aug-24   15:43 )
  Indian Renewable Energy Deve. Agency to convene board meeting
 ( Corporate News - 18-Jan-25   10:59 )
  Indian Renewable Energy Development Agency standalone net profit rises 33.03% in the March 2024 quarter
 ( Results - Announcements 19-Apr-24   21:53 )
Other Stories
  Adani Energy rises after Q3 PAT jumps 79% YoY to Rs 625 cr
  23-Jan-25   16:05
  ZEEL gains as PAT soars 180% to Rs 164 crore in Q3 FY25
  23-Jan-25   16:02
  Coromandel Intl gains on favourable order from Central Tax & Customs Dept
  23-Jan-25   15:41
  Senores Pharma spurts as PAT jumps to Rs 16 cr in Q3 FY25
  23-Jan-25   15:02
  Alivus Life jumps after Q3 PAT climbs 15% YoY to Rs 137 cr
  23-Jan-25   15:01
  Gravita India Ltd leads losers in 'A' group
  23-Jan-25   15:00
  UltraTech Cement spurts after PAT climbs 79% QoQ to Rs 1,470 cr in Q3 FY25
  23-Jan-25   14:48
  SRG Housing Finance Ltd leads losers in 'B' group
  23-Jan-25   14:45
  Rajratan Global hits 52-week low after Q3 PAT drops 53% YoY
  23-Jan-25   14:39
  MPS soars after Q3 PAT jumps nearly 37% YoY to Rs 41 crore; EBITDA margin at 32.3%
  23-Jan-25   14:32
Back Top