Q3 Results: Ireda Profit Rises 27%, TCS Meets Estimates
Tata Consultancy Services Q3 Results FY25 LIVE: TCS is likely to clock a net profit of Rs 12,540 crore and revenue of Rs 64,754 crore for the quarter ending in December.
Q3 Result Live Updates: Ireda Profit Rises 27%
Ireda Result Highlight (YoY)
Revenue up 35.6% to Rs 1,698.45 crore versus Rs 1,252.85 crore.
Net profit up 27% to Rs 425.38 crore versus Rs 335.53 crore.
Q3 Result Live Updates: GTPL Hathway Profit Falls 61%
GTPL Hathway Result Highlight (YoY)
Revenue up 4.3% to Rs 887.27 crore versus Rs 850.88 crore.
Net profit down 61% to Rs 9.62 crore versus Rs 24.67 crore.
Ebitda down 13% to Rs 105.38 crore versus Rs 120.72 crore.
Margin at 11.9% versus 14.2%.
Q3 Result Live Updates: Ireda Shares rise over 109% In A Year
Shares of Ireda ended 3.26% lower at Rs 216.09 apiece on the National Stock Exchange ahead of the results announcement, compared to a 0.69% decline in the benchmark Nifty. The share price has advanced 109.19% in the last 12 months.
Only two analysts, ICICI Direct and Phillip Securities, are tracking IREDA, according to Bloomberg data. One maintains a 'buy' rating and one suggests 'sell.' The average 12-month consensus price target implies an upside of 29.6%.
Q3 Result Live Updates: Ireda's Outstanding Loan Book Sees 36% Jump
Ireda outstanding loan book reached Rs 69,000 crore as of December 31, 2024, marking a 36% rise from the Rs 50,580 crore recorded a year ago.
Q3 Result Live Updates: Ireda Posts Twofold Growth In Loan Sanctions
Indian Renewable Energy Development Agency Ltd. posted a 129% year-on-year increase in loan sanctions, amounting to Rs 31,087 crore in third quarter, compared to Rs 13,558 crore in the corresponding period of 2023.
