Indian Renewable Energy Development Agency (IREDA) on April 15 reported a net profit of Rs 501.55 crore for the fourth quarter of FY25. This marks a rise of nearly 49 percent from the Rs 337.39 crore net profit reported in the Q4 of FY25. The PSU company's revenue from operations, meanwhile, surged nearly 37 percent to Rs 1,905.06 crore.
IREDA's interest income earned during the reported quarter also saw a sharp increase of over 40 percent to Rs 1,861.14 crore. The company’s total expenses meanwhile surged 41 percent to Rs 1,284.75 crore.
For the entire financial year 2025 (which ended on March 31, 2025), the company reported a net profit margin of 25.14 percent. This however market a marginal fall from the 25.22 percent net profit margin reported in FY24. The company’s operating margin also reduced from 33.92 percent in FY24 to 31.01 percent in FY25.
The company's asset quality however has declined on a year-over-year basis. Net NPA margin increased from 0.99 percent in Q4 FY24 to 1.35 percent in Q4 FY25. However, it declined sequentially from 1.5 percent in Q3 FY25. Gross NPA margin stood at 2.45 percent during the reported quarter.
Along with the Q4 results, IREDA also announced the appointment of cost accountants RM Bansal and company as the PSU firm’s cost auditor for the current financial year (FY26). The appointment will be effective from today.
Also read: GM Breweries Q4 net profit falls 30% to Rs 60 crore, declares Rs 7.5 dividend
Ahead of the Q4 results, IREDA shares rallied over 9 percent to close at Rs 168.16 apiece. The shares of the company have jumped over 20 percent in the last one month. However, the stock has recorded a fall of over 24 percent in 2025 so far.
In an earlier exchange filing, the company had announced that its total loan book has surged 28 percent year-on-year to Rs 76,250 crore for FY25. Its loans sanctioned jumped 27 percent to Rs 47,453 crore, while loan disbursements grew 20 percent to Rs 30,168 crore.
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