IREDA Reports Significant Growth in Q4

State-owned IREDA announced a remarkable 49% increase in its standalone profit after tax, reaching Rs 502 crore for the quarter ended March 31, 2025. This performance highlights the company's strong position in financing India's renewable energy sector.

Financial Highlights

The company's revenue from operations saw a 37% year-on-year growth, amounting to Rs 1,904 crore in the fourth quarter. For the fiscal year 2025, IREDA achieved its highest ever profit after tax (PAT) at Rs 1,699 crore, marking a 36% increase compared to the previous year.

Strategic Growth and Future Plans

IREDA's net worth stood at Rs 10,266 crore as of March, with a 20% year-on-year growth. The company also reported a 20% growth in its loan book, reaching Rs 76,282 crore in FY25. Pradip Kumar Das, Chairman and Managing Director, emphasized IREDA's commitment to India's green energy transition through innovative financial solutions and strategic partnerships.

About IREDA

Under the Ministry of New and Renewable Energy, IREDA is a non-banking financial institution dedicated to promoting and financing projects related to new and renewable sources of energy and energy efficiency/conservation.