📈 IREDA's Stellar Q3 FY 2024-25 Performance!
Indian Renewable Energy Development Agency Ltd. (IREDA), the largest pure-play Green Financing NBFC in India, has seen unprecedented growth across revenue, profit, and loan metrics. In this exclusive interview on Business Today TV, Shailendra Bhatnagar speaks with IREDA CMD Pradip Kumar to uncover the driving factors behind the company's success. Explore key financial highlights, insights into IREDA’s loan book expansion, NII growth, NPA management, and new disbursement areas fuelling the green energy sector’s growth in FY25.
Key Highlights from Q3 FY 2024-25:
- Revenue from Operations: ₹1,698.99 crore (+35.57%)
- Profit Before Tax (PBT): ₹538.20 crore (+39.38%)
- Profit After Tax (PAT): ₹425.37 crore (+26.77%)
- Loan Sanctions: ₹13,226.81 crore (+45.01%)
- Loan Disbursements: ₹7,448.96 crore (+25.27%)
- Loan Book: ₹68,959.61 crore (+36.34%)
- Net Worth: ₹9,842.07 crore (+20.99%)
- Earnings Per Share (EPS): ₹1.58 (+15.03%)
📌 Discussion Highlights:
1. What’s driving IREDA’s robust performance?
2. Strategies for maintaining high growth in FY25.
3. Focus areas for loan disbursement in the renewable energy sector.
4. Insights into NPA reduction and future challenges.