Stock Report

IREDA reports Rs. 337.37 crores consolidated PAT in Q4 FY2023-24

Posted On : 2024-04-20 21:32:27( TIMEZONE : IST )

Indian Renewable Energy Development Agency Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1391.6372 crores during the period ended March 31, 2024 as compared to Rs. 1253.1958 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 337.3760 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 335.5379 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 1.25 for the period ended March 31, 2024 as compared to Rs. 1.38 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 1391.6372 crs	₹1253.1958 crs	11.05%
Net Profit	₹337.3760 crs	₹335.5379 crs	0.55%
EPS	₹1.25	₹1.38	-9.42%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 1391.6372 crores during the period ended March 31, 2024 as compared to Rs.1036.3167 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.337.3760 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.253.6160 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.1.25 for the period ended March 31, 2024 as compared to Rs.1.11 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 1391.6372 crs	₹1036.3167 crs	34.29%
Net Profit	₹337.3760 crs	₹253.6160 crs	33.03%
EPS	₹1.25	₹1.11	12.61%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4965.2911 crores during the Financial Year ended March 31, 2024 as compared to Rs.3483.0442 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.1252.2290 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.864.6283 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.5.16 for the Financial Year ended March 31, 2024 as compared to Rs.3.78 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹4965.2911 crs	₹3483.0442 crs	42.56%
Net Profit	₹1252.2290 crs	₹864.6283 crs	44.83%
EPS	₹5.16	₹3.78	36.51%

Shares of Indian Renewable Energy Development Agency Limited was last trading in BSE at Rs. 160.80 as compared to the previous close of Rs. 163.10. The total number of shares traded during the day was 1935146 in over 11294 trades.

The stock hit an intraday high of Rs. 162.95 and intraday low of 157.15. The net turnover during the day was Rs. 311193110.00.