In Short : IREDA reported a 49% rise in operating profit to ₹581 crore for Q1 FY25, while total income grew 30% to ₹1,401 crore. Net profit increased 26% to ₹335 crore. The strong performance was driven by robust loan disbursements and growing demand for renewable energy financing, reflecting IREDA’s continued focus on supporting India’s […]
NTPC Q1 Results: Net profit jumps 11% to Rs 4,511 crore, beats estimates – EQ
In Short : NTPC’s Q1 results show a net profit increase of 11%, reaching Rs 4,511 crore, surpassing estimates. This robust performance highlights the company’s strong operational efficiency and strategic growth initiatives. In Detail : NTPC to expected to gain from an increase in the number of projects in both the thermal and renewable space […]
IREDA share price: Experts see big upside after strong Q1 results 2024. Buy or sell? – EQ
In Short : IREDA share price: The Indian Renewable Energy Development Agency (IREDA) has emerged as a significant player in the Indian stock market, being the first PSU company to declare its promising Q1 results 2024. In Detail : The company’s 30 percent YoY rise in PAT and a 32 percent rise in operational revenue […]
Tata Power to share Q1 results today; profit may drop up to 20% as coal biz weighs – EQ Mag
Tata Power: Lower profitability from coal business may partially be offset by a sequential improvement in performance of Mundra UMPP given implementation of Section 11 of Electricity Act from April 2023 Tata Power is likely to report a 17-20 per cent year-on-year (YoY) drop in profit on a flattish sales in the June quarter. The […]
