Indian Renewable Energy Development Agency (IREDA) has reported results for third quarter ended December 31, 2023 (Q3FY24).
The bank has reported 67.14% rise in net profit at Rs 335.54 crore for the quarter ended December 31, 2023 as compared to Rs 200.75 crore for the same quarter in the previous year. Total income of the bank increased by 44.22% at Rs 1253.20 crore for Q3FY24 as compared Rs 868.98 crore for corresponding quarter of the previous year.
Indian Renewable Energy Development Agency is a Mini Ratna (Category - I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE).
