The Indian Renewable Energy Development Agency (IREDA) reported a 36% increase in profit after tax (PAT), reaching ₹1,699 crore for FY 2024-25. Its fourth-quarter PAT surged 49%, and profit before tax (PBT) rose 31%. The company’s revenue grew 37% to ₹1,904 crore. With a loan book expansion of 28%, IREDA’s strategic focus on financing India’s Renewable Energy transition contributed to its growth.
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