Wed Apr 16 04:20:00 UTC 2025: ## IREDA Q4 Profit Soars 49%, Shares Jump Ahead of Earnings

**MUMBAI** – Indian Renewable Energy Development Agency (IREDA) announced a strong fourth-quarter performance, reporting a 49% surge in net profit to Rs 501.55 crore compared to the same period last year. Revenue from operations also saw significant growth, increasing by nearly 37% to Rs 1,905.06 crore. This impressive performance led to a pre-earnings rally in IREDA shares, which climbed over 9% before the announcement.

The PSU’s interest income jumped over 40%, reaching Rs 1,861.14 crore, though total expenses also rose by 41% to Rs 1,284.75 crore. For the full fiscal year 2025, IREDA reported a net profit margin of 25.14%, slightly down from the previous year. While the company saw significant growth in its loan book (up 28% year-on-year to Rs 76,250 crore), its asset quality showed some decline, with a rise in Net NPA margin.

IREDA also announced the appointment of RM Bansal and company as its cost auditor for FY26. Despite the strong Q4 results, IREDA shares have experienced a year-to-date decline of over 24%. However, the stock has shown a more positive trend recently, gaining over 20% in the last month. The company’s robust financial performance and growth in its loan book highlight a positive outlook for the renewable energy sector in India.

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