IREDA shares jump 7% on robust Q4 earnings, net profit soars 49%

IREDA shares in focus after robust Q4 earnings against downward year-to-date returns

Shares of Indian Renewable Energy Development Agency (IREDA) jumped seven percent on open on April 16, after reporting a robust set of numbers for the quarter ended March 2025.

Tthe state-run green energy financier posted a sharp 49 percent year-on-year jump in net profit for the March quarter of FY25. The PSU reported a profit of Rs 501.55 crore for the fourth quarter, up from Rs 337.39 crore a year ago, boosted by strong growth in its core lending operations.

Revenue from operations rose nearly 37 percent YoY to Rs 1,905.06 crore, with interest income surging over 40 percent to Rs 1,861.14 crore. Total expenses also climbed 41 percent to Rs 1,284.75 crore during the quarter.

At 9.30 am, IREDA shares were quoting Rs 178.45, higher by 6.9 percent on the NSE.

Despite the impressive topline and bottomline performance in Q4, the company's margins for the full year moderated slightly. IREDA’s net profit margin slipped marginally to 25.14 percent in FY25 from 25.22 percent in FY24, while its operating margin dipped to 31.01 percent from 33.92 percent a year earlier.

Ahead of the earnings announcement, investor optimism was already visible. IREDA shares rallied over 9 percent on April 15 to close at Rs 168.16 apiece. The stock has gained more than 20 percent in the last one month. However, it remains down over 24 percent on a year-to-date basis, reflecting the sharp correction earlier in 2025.

Earlier, the company disclosed in an exchange filing that its loan book swelled 28 percent YoY to Rs 76,250 crore in FY25. Loan sanctions stood at Rs 47,453 crore, up 27 percent, while disbursements rose 20 percent to Rs 30,168 crore — signaling strong demand for renewable energy financing. With a healthy loan book expansion and renewed investor interest, IREDA’s strong quarterly show may help the stock recover further ground in the near term.