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IREDA reports 33% rise in Q4 net profit
Apr-20-2024

Indian Renewable Energy Development Agency (IREDA) has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 33.03% rise in its net profit at Rs 337.38 crore for the quarter under review as compared to Rs 253.62 crore for the same quarter in the previous year. Total income of the company increased by 34.29% at Rs 1391.64 crore for Q4FY24 as compared Rs 1,036.32 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 44.83% rise in its net profit at Rs 1252.23 crore as compared to Rs 864.63 crore for the previous year. Total income of the company increased by 42.56% at Rs 4965.29 crore for year under review as compared to Rs 3483.04 crore for year ended March 31, 2023.


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