Tue Apr 15 04:10:00 UTC 2025: ## IREDA Shares Jump 5% Ahead of Q4 Results Showing Strong Loan Growth

**Mumbai, April 15** – Shares of the Indian Renewable Energy Development Agency (IREDA) surged as much as 5% today, ahead of the release of its March quarter results. While the stock is still down nearly 30% year-to-date, the positive market reaction reflects optimism surrounding the company’s performance.

IREDA’s quarterly business update revealed a significant increase in sanctioned loans, up 27% year-on-year to ₹47,453 crore. Loan disbursements also saw robust growth, rising 20% YoY to ₹30,168 crore. The company’s total loan book reached ₹76,250 crore as of March 31, 2025, an increase of 28% year-on-year.

Today’s market activity comes as part of a broader reporting day for several major Indian companies. While specific details for other companies like ICICI Lombard and ICICI Prudential Life are anticipated, analysts are forecasting moderate growth for ICICI Lombard’s total income (a projected 5% rise to ₹5,430 crore) and strong year-on-year growth for ICICI Prudential Life’s APE (Annual Premium Equivalent). However, analysts also highlight potential challenges, such as the impact of accounting changes and weak auto sales on certain sectors.

The market awaits the official release of IREDA’s Q4 results and further updates on other companies reporting today. This story will be updated as more information becomes available.

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