Stock Report

Indian Renewable Energy Development Agency Ltd Q2 FY2025 net profit at Rs. 387.74 crores



Posted On : 2024-10-10 23:38:32( TIMEZONE : IST )

Indian Renewable Energy Development Agency Ltd Q2 FY2025 net profit at Rs. 387.74 crores

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

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 1630.3815 crores during the period ended September 30, 2024 as compared to Rs. 1510.7070 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 387.7496 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 383.6934 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 1.44 for the period ended September 30, 2024 as compared to Rs. 1.43 for the period ended June 30, 2024.

Financials Q2 FY2025 Q1 FY2025 % Change
Total Income ₹ 1630.3815 crs ₹1510.7070 crs Up Tick / Down Tick7.92%
Net Profit ₹387.7496 crs ₹383.6934 crs Up Tick / Down Tick1.06%
EPS ₹1.44 ₹1.43 Up Tick / Down Tick0.70%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs. 1630.3815 crores during the period ended September 30, 2024 as compared to Rs.1176.9590 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.387.7496 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.284.7321 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.1.44 for the period ended September 30, 2024 as compared to Rs.1.25 for the period ended September 30, 2023.

Financials Q2 FY2025 Q2 FY2024 % Change
Total Income ₹ 1630.3815 crs ₹1176.9590 crs Up Tick / Down Tick38.52%
Net Profit ₹387.7496 crs ₹284.7321 crs Up Tick / Down Tick36.18%
EPS ₹1.44 ₹1.25 Up Tick / Down Tick15.20%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.3141.0885 crores during the 6 Months period ended September 30, 2024 as compared to Rs.2320.4580 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.771.4430 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.579.3147 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.2.87 for the 6 Months period ended September 30, 2024 as compared to Rs.2.54 for the 6 Months period ended September 30, 2023.

Financials Half Year Ended FY2025 Half Year Ended FY2024 % Change
Total Income ₹3141.0885 crs ₹2320.4580 crs Up Tick / Down Tick35.37%
Net Profit ₹771.4430 crs ₹579.3147 crs Up Tick / Down Tick33.16%
EPS ₹2.87 ₹2.54 Up Tick / Down Tick12.99%

Shares of Indian Renewable Energy Development Agency Limited was last trading in BSE at Rs. 233.75 as compared to the previous close of Rs. 231.15. The total number of shares traded during the day was 2039386 in over 22216 trades.

The stock hit an intraday high of Rs. 237.00 and intraday low of 231.60. The net turnover during the day was Rs. 477431218.00.

Source : Equity Bulls

Keywords

IndianRenewableEnergyDevelopmentAgency Q2FY25 H1FY25 Q2FY2025 H1FY2025 ResultUpdate IREDA