In Short : IREDA has reported its highest-ever annual Profit After Tax (PAT) of ₹1,699 crore for FY 2024–25, becoming the first in the NBFC and banking sector to announce audited results. This milestone reflects strong financial performance and a commitment to transparency, with IREDA releasing its results just 19 days after the fiscal year […]
IREDA reports 129 pc YoY growth in sanctions, 41 pc surge in disbursements for Q3 2024-25 – EQ
In Short : IREDA reported a remarkable 129% YoY growth in sanctions and a 41% surge in disbursements for Q3 2024-25, reflecting strong demand for renewable energy financing. This growth supports India’s renewable energy goals, including achieving 50% non-fossil fuel electricity by 2030. IREDA’s expanded efforts in funding solar, wind, and emerging technologies like energy […]
IREDA reports all-time high PAT of Rs. 865 Cr. in FY 2022-23; PAT up 36% over FY 2021-22 – EQ Mag
Net NPAs down by 47% from 3.12% in FY 2021-22 to 1.66% in FY 2022-23 Loans sanctioned and disbursed grow by over 35%; achieve all-time high of Rs. 32,587 crores and Rs. 21,639 crores respectively in Financial Year 2022-23 IREDA fully committed to Prime Minister’s ‘Panchamrita’ targets and goal of 500 GW of non-fossil fuel-based […]