Indian Renewable Energy Development Agency (IREDA) posted a 27% rise in net profit to ₹425.37 crore for Q3 FY25, driven by a 36% revenue growth to ₹1,699 crore. The company’s net worth surged 21% year-on-year to ₹9,842 crore. With improved loan sanctions and disbursements, IREDA is positioned to capitalize on India’s renewable energy goals, potentially boosting long-term financial performance and investor confidence.
