Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the second quarter of fiscal year 2024-25. As a leading Green Financing NBFC, IREDA has once again set industry standards by publishing its financial results within just 10 days, making it the first Central Public Sector Enterprise (CPSE) in the Banking and NBFC sector to achieve this milestone.For the quarter ending September 30, 2024, IREDA reported a Profit After Tax of ₹387.75 crore, marking a notable year-on-year increase of 36.18%. The company also made significant progress in reducing its Net Non-Performing Assets (NPAs), which fell to 1.04% from 1.65% in the same period last year.During a board meeting, IREDA’s exceptional performance was recognized, and the financial results for Q2 FY 2024-25 were approved. As of September 30, 2024, the company’s net worth stood at ₹9,336.15 crore, representing a 41.87% year-on-year growth, demonstrating IREDA’s consistent growth trajectory.Watch an Exclusive Conversation with Pradip Kumar, CMD of IREDA, on Q2 Results and the Company's Growth Plans Ahead.