Stock Report

IREDA reports net profit of Rs. 383.69 crores in Q1 FY2024-25

Posted On : 2024-07-12 21:40:56( TIMEZONE : IST )

Indian Renewable Energy Development Agency Limited has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 1510.7070 crores during the period ended June 30, 2024 as compared to Rs. 1391.6372 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 383.6934 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 337.3760 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 1.43 for the period ended June 30, 2024 as compared to Rs. 1.25 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹1510.7070 crs	₹1391.6372 crs	8.56%
Net Profit	₹383.6934 crs	₹337.3760 crs	13.73%
EPS	₹1.43	₹1.25	14.40%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs.1510.7070 crores during the period ended June 30, 2024 as compared to Rs.1143.4991 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.383.6934 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.294.5826 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.1.43 for the period ended June 30, 2024 as compared to Rs.1.29 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹1510.7070 crs	₹1143.4991 crs	32.11%
Net Profit	₹383.6934 crs	₹294.5826 crs	30.25%
EPS	₹1.43	₹1.29	10.85%

Shares of Indian Renewable Energy Development Agency Limited was last trading in BSE at Rs. 284.65 as compared to the previous close of Rs. 283.60. The total number of shares traded during the day was 21143071 in over 145105 trades.

The stock hit an intraday high of Rs. 304.60 and intraday low of 275.15. The net turnover during the day was Rs. 6211094717.00.