Indian Renewable Energy Development Agency (IREDA) has reported results for third quarter ended December 31, 2024 (Q3FY25).
IREDA has reported 26.78% rise in its net profit at Rs 425.38 crore for the quarter ended December 31, 2024 as compared to Rs 335.53 crore for the same quarter in the previous year. Total income of the company increased by 35.57% at Rs 1,698.98 crore for Q3FY25 as compared to Rs 1,253.19 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’.
