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Innovative Financing Needed To Boost Renewable Energy Solutions: IREDA Chief

Innovative Financing Needed To Boost Renewable Energy Solutions: IREDA Chief
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IREDA shares jump over 11% after company logs highest-ever net profit in FY24

IREDA, the leading green financing NBFC, saw an 11.40% share price increase to ₹179 fueled by strong FY24 financial performance. The company s PAT in FY24 reached ₹1,252.23 crore, marking an impressive growth of 44.83% over the previous fiscal year 2022–23.

Government renewable power co IREDA achieves all-time high profit

IREDA Reports All-Time High Annual Net Profit, NPAs below 1%, sets Benchmark with Fastest Results in Banking-NBFC Space

Indian Renewable Energy Development Agency Ltd. (IREDA), the nation's largest pure-play green financing NBFC, has achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crores, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. The company has successfully reduced its Net Non-Performing Assets (NPAs) to 0.99% in FY 2023-24,…

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