IREDA Q2 Results 2024 Live Updates: Indian Renewable Energy Development Agency Ltd (IREDA), the renewable sector financier, will announce its July-September quarter results for fiscal 2024-25 (Q2FY25) on Thursday, October 10.
IREDA reported a net profit increase of over 30% on July 12, 2024, reaching ₹383.69 crore for the (Q1FY25) June quarter, mainly because of higher revenues. Revenue from operations grew to ₹1,510.71 crore in Q1FY25 from ₹1,143.50 crore in the same period last year.
As of June 30, 2024, the company’s net worth has increased to ₹9,110.19 crore from ₹6,290.40 crore, indicating a year-on-year growth of 44.83%.
On Wednesday, IREDA share price ended 2.92% higher at ₹231.15 apiece on BSE.
Stay tuned to our IREDA Q2 results 2024 live blog for the latest updates:
IREDA Q2 Results 2024 Live: IREDA to announce Q2 results today
Indian Renewable Energy Development Agency Ltd (IREDA), the renewable energy sector financier, is set to release its second-quarter results today. IREDA is a non-banking financial company (NBFC) owned by the government and focuses on providing financing for the renewable energy sector.
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