IREDA Q3 Results: A renewable energy company’s net profit increased by 26.8% to Rs 425.37 crore.

Renewable Energy

 

 

The largest pure-play green financing company in the nation reported revenue of Rs 1,698.99 crore for the third quarter, a 35.57 percent increase over Q3 FY 2023-24’s revenue of Rs 1,253.20 crore. For the October–December quarter of the current fiscal year, Indian Renewable Energy Development Agency Ltd. (IREDA) reported a 26.8% increase in net profit to Rs 425.37 crore, up from Rs 335.54 crore in the same quarter of the previous year. The largest pure-play green financing company in the nation reported revenue of Rs 1,698.99 crore for the third quarter, a 35.57 percent increase over Q3 FY 2023-24’s revenue of Rs 1,253.20 crore.

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