January 10, 2025 1:03 PM

IREDA records 26.8% jump in Q3 net profit at Rs 425.37 crore

Indian Renewable Energy Development Agency Ltd. (IREDA) has announced a 26.8% jump in net profit to Rs 425.37 crore for the October-December quarter of the current financial year, compared to Rs 335.54 crore in the same quarter of the previous year. The country's largest pure-play green financing company recorded revenue of Rs 1,698.99 crore during the third quarter, representing a 35.57% increase compared to Rs 1,253.20 crore in Q3 FY 2023-24. IREDA's loan sanctions for the third quarter surg...