IREDA Q4 results: The state-run firm's topline jumped 34.29 per cent to Rs 1,391.64 crore in Q4 FY24 as against Rs 1,036.32 crore in the corresponding period last year.
The finance cost of the non-banking financial company rose in tandem with the revenue to ₹847 crore. Loan disbursement in the quarter was ₹12,869.35 crore up around 14% from the corresponding period last year.
Under Ministry of New and Renewable Energy, IREDA posted a 77 per cent rise in net profit at Rs 355.54 crore during the quarter ended December 2023. It had reported Rs 200.75 crore net profit during the October-December period of the preceding 2022-23 fiscal, the company said in an exchange filing.