IREDA (Indian Renewable Energy Development Agency Ltd) surged nearly 6% after reporting a 49% year-on-year rise in net profit to ₹502 crore for Q4 FY25, with record full-year profit of ₹1,699 crore. Revenue rose 37% YoY. Despite recent regulatory action against borrower Gensol Engineering, strong financials and a 20% increase in net worth boosted investor sentiment, signaling continued growth momentum.
