Ireda Q4 Results: Date, Business Update, Share Price History And More

Indian Renewable Energy Development Agency Ltd. (Ireda), a non-banking financial institution, will announce its financial earnings for the quarter and year ending March 31, 2025, next week. The company has already informed the bourses about the schedule for releasing its Q4 financial statement.

A public sector enterprise, Ireda provides financial assistance and related services to projects focused on renewable energy and energy efficiency or conservation.

Here's everything you need to know about Ireda's Q4 and FY25 financial results:

In an exchange filing on April 7, Ireda informed the bourses that it would announce its Q4 financial numbers following a board meeting on April 15.

"This is to inform you that a meeting of the Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) will be held on Tuesday, April 15, 2025, inter-alia to consider and approve the audited consolidated financial results of the Company for the quarter and year ended March 31, 2025," read the filing.

As part of the regulatory requirements, trading in the securities of the company will remain suspended for designated persons and their immediate relatives from April 1 to April 17.

"Trading window for dealing in the Company’s securities has already been closed from April 1, 2025, till 48 hours after declaration of audited consolidated financial results of the Company for the quarter and year ended March 31, 2025. The same has been informed to the Stock Exchange vide letter dated March 26, 2025," the company said in the filing.

Ireda sanctioned loans of Rs 47,453 crore in the three months from January to March 2025, marking a 27% rise from Rs 37,354 crore in the year-ago period. The company's loan disbursement grew 20% to Rs 30,168 crore in Q4 of FY25 from Rs 25,089 crore in the corresponding period of the previous financial year. 

Ireda posted a sharp 26.7% uptick in its net profit for Q3 of FY25 at Rs 425 crore, in comparison to Rs 336 crore in the year-ago period.

Revenue rose 35.6% year-on-year to Rs 1,699 crore compared to Rs 1,252 crore.

Loan disbursement in the October–December 2024 period stood at Rs 17,236 crore, marking a 41% uptick from Rs 12,220 crore.

The company also posted a 129% increase in loan sanctions to Rs 31,087 crore from Rs 13,558 crore in the corresponding quarter of the previous financial year.

Shares of Indian Renewable Energy Development Agency Ltd. have slipped more than 3% over the past five trading sessions. In contrast, they have jumped nearly 9% in a month.

Over a six-month period, the stock price of Ireda has fallen by more than 30% while declining almost 8% in a year.