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Ireda Q1 R...
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Ireda Q1 Results: Profit Slips 36% Despite Rise In Net Interest Income

  • Indian Renewable Energy Development Agency Ltd. reported a 36% decrease in consolidated net profit during the quarter ended June 31, 2025, amounting to Rs 247 crore compared to Rs 384 crore in the previous year.
  • The company's net interest income (NII) saw a significant 36% increase to Rs 691 crore from Rs 508 crore year-on-year.
  • Ireda's loan book showed growth with a 29% rise, reaching Rs 11,740 crore in sanctioned loans and Rs 6,981 crore in loan disbursements during April-June.
  • Despite the rise in net interest income, Ireda's shares have fallen 31.40% over the past 12 months and 21.19% year-to-date, settling at Rs 169.64 apiece on the NSE.

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