Market Performance
Shares of the Indian Renewable Energy Development Agency (IREDA) saw a notable increase of approximately 7% during early trading hours on April 16, 2025, reflecting investor response to the company's latest quarterly results. The stock advanced over 9% on April 15, contributing to a monthly gain exceeding 20%. Despite recent upward momentum, IREDA's share price remains down by over 24% for the year.
Quarterly Financial Highlights
For the quarter ended March 2025, IREDA reported significant year-on-year growth across key financial metrics:
- Revenue: ₹1,905.06 crore, up nearly 37% from the same period last year
- Interest Income: ₹1,861.14 crore, marking a rise of over 40%
- Total Expenses: ₹1,284.75 crore, increasing by 41% YoY
- Net Profits: ₹501.55 crore, a 49% increase from ₹337.39 crore in the previous year
Despite the strong topline and bottom-line growth, margin performance showed a marginal decline on a full-year basis:
- EBITDA Margins: 31.01% in FY25, compared to 33.92% in FY24
- Net Profit Margin: 25.14% in FY25, slightly down from 25.22% in FY24
Company Overview
IREDA, a government-owned enterprise focused on financing renewable energy projects, reported strong operational growth for the financial year 2024–25. Key operational metrics include:
- Loan Book: ₹76,250 crores, reflecting a 28% year-on-year increase
- Loan Sanctions: ₹47,453 crore, up by 27%
- Disbursements: ₹30,168 crore, indicating 20% growth
These figures highlight the growing demand for clean energy financing and IREDA's support for India's renewable energy transition.
Conclusion
IREDA's fourth-quarter performance for FY25 demonstrated strong growth in revenue and profitability despite a slight moderation in annual margins. The loan book and operational activity increase underscores the company's expanding footprint in the renewable energy sector. The recent movement in IREDA share price reflects this performance and broader investor sentiment while the company continues to build on its position in green energy financing.
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