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HomeNewsBusinessStocksIndian Renewable Energy Development Agency shares rise 2.04% in today's trading

Indian Renewable Energy Development Agency shares rise 2.04% in today's trading

Indian Renewable Energy Development Agency is moved by 2.04.

September 02, 2025 / 12:16 IST
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    Shares of Indian Renewable Energy Development Agency gained 2.04% to trade at Rs 145.42 in Tuesday's session. The stock is included in the Nifty Midcap 150 index.

    On the financial front, the consolidated revenue for the quarter-ending June 2025 stood at Rs 1,947.60 Crore, an increase compared to Rs 1,510.27 Crore in June 2024. The net profit for the same period was Rs 246.88 Crore, lower than Rs 383.70 Crore in the corresponding quarter of the previous year. The company's EPS stood at Rs 0.91 in June 2025, down from Rs 1.43 in June 2024.

    The consolidated annual revenue for the year ending March 2025 was Rs 6,743.32 Crore, up from Rs 4,963.93 Crore in March 2024. The net profit for the year ending March 2025 was Rs 1,698.34 Crore, an increase from Rs 1,252.24 Crore in the previous year. The company's EPS stood at Rs 6.32 for the year ending March 2025, up from Rs 5.16 in March 2024. The book value per share (BVPS) increased to Rs 38.20 in March 2025 from Rs 31.85 in March 2024. The return on equity (ROE) also increased to 16.54% in March 2025 from 14.62% in March 2024. The debt-to-equity ratio was 6.31 in March 2025, compared to 5.80 in March 2024.

    The following table summarizes the key financial data for Indian Renewable Energy Development Agency:

    Financial YearRevenue (Rs Crore)Net Profit (Rs Crore)EPS (Rs)BVPS (Rs)ROE (%)Debt to Equity
    20192,019.57249.913.1832.949.667.26
    20202,367.32214.552.7432.148.518.67
    20212,654.81346.414.4138.1811.568.01
    20244,963.931,252.245.1631.8514.625.80
    20256,743.321,698.346.3238.2016.546.31

    The standalone annual income statement shows a rise in sales to Rs 6,742 Crore for March 2025, compared to Rs 4,963 Crore for March 2024. Total expenditure increased to Rs 509 Crore in March 2025 from Rs 115 Crore in March 2024. The net profit stood at Rs 1,698 Crore for March 2025, up from Rs 1,252 Crore for March 2024.

    The table below shows the financial data from the standalone income statement:

    ParticularsMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Sales6,7424,9633,4812,8592,613
    Other Income12111444
    Total Income6,7544,9653,4832,8742,658
    Total Expenditure509115255453518
    EBIT6,2444,8493,2272,4212,139
    Interest4,1413,1642,0881,5871,570
    Tax405433274200223
    Net Profit1,6981,252864633346

    The cash flow statement indicates that net cash flow was at Rs -44 Crore in March 2025 compared to Rs -64 Crore in March 2024.

    The balance sheet shows that total liabilities were Rs 79,734 Crore and total assets were Rs 79,734 Crore for March 2025.

    As per the ratios, the basic EPS stood at Rs 6.32 and diluted EPS stood at Rs 6.32 for March 2025.

    Indian Renewable Energy Development Agency recently announced changes in management and signed a Performance MOU for FY 25-25 with the Ministry of New and Renewable Energy (MNRE).

    Indian Renewable Energy Development Agency is moved by 2.04.

    Alpha Desk
    first published: Sep 2, 2025 12:09 pm

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