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HomeNewsBusinessMarketsIREDA shares fall 2.28% today; PSU renewable energy stock down in trading

IREDA shares fall 2.28% today; PSU renewable energy stock down in trading

With the stock's price at Rs 170.25, Indian Renewable Energy Development Agency has experienced a downturn of 2.28% in today's session.

May 20, 2025 / 10:07 IST
Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer

Shares of Indian Renewable Energy Development Agency experienced a decline of 2.28% during today's trading session to Rs 170.25. This movement reflects notable activity in the stock, which is part of the NIFTY MIDCAP 150 index.

Financial Performance Overview:

The following provides a summary of the company's financial performance based on available data:

Revenue: Across the quarters from September 2023 to September 2024, the company's revenue remained at Rs 0.00 Cr.

Net Profit:

  • Sep 2023: -0.03 Cr
  • Dec 2023: 0.35 Cr
  • Mar 2024: -0.26 Cr
  • Jun 2024: -0.05 Cr
  • Sep 2024: -0.01 Cr

EPS (Earnings Per Share):
  • Sep 2023: -0.09
  • Dec 2023: 1.15
  • Mar 2024: -0.58
  • Jun 2024: -0.04
  • Sep 2024: -0.01

Annual Performance:

Revenue: The annual revenue has been consistently reported as Rs 0.00 Cr from 2021 to 2024.

Net Profit:

  • 2020: -0.29 Cr
  • 2021: -0.09 Cr
  • 2022: -0.09 Cr
  • 2023: 0.00 Cr
  • 2024: 0.05 Cr

EPS:
  • 2020: -0.94
  • 2021: -0.30
  • 2022: -0.29
  • 2023: 0.00
  • 2024: 0.10

Key Financial Ratios (Mar 2024):
  • Basic EPS (Rs.): 0.10
  • Book Value/Share (Rs.): 18.76
  • Return on Networth / Equity (%):0.17
  • Debt to Equity (x): 0.02
  • P/E (x): 206.30
  • P/B (x): 1.10

The latest Indian Renewable Energy Development Agency figures highlight a mix of challenges and improvements in profitability and efficiency. While revenue has remained stable, net profit and EPS have seen fluctuations. The company's financial ratios provide a detailed view of its valuation and operational performance.

With the stock's price at Rs 170.25, Indian Renewable Energy Development Agency has experienced a downturn of 2.28% in today's session.

Alpha Desk
first published: May 20, 2025 10:07 am

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