Indian Renewable Energy Development Agency (IREDA) has reported results for second quarter ended September 30, 2024 (Q2FY25).
The company has reported 36.18% rise in its net profit at Rs 387.75 crore for the quarter ended September 30, 2024 as compared to Rs 284.73 crore for the same quarter in the previous year. Total income of the company increased by 38.52% at Rs 1630.38 crore for Q2FY25 as compared to Rs 1176.96 crore for the corresponding quarter previous year.
IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: ‘Energy For Ever’.
