IREDA posts highest-ever annual profit of ₹1,699 crore for 2024-25
Indian Renewable Energy Development Agency (IREDA) reported its highest-ever annual profit after tax of ₹1,699 crore for 2024-25, up 36%, and became the first PSU and first company in the NBFC and banking sector to publish audited results within 15 days, the MNRE said on 15 April 2025.
Summary
Indian Renewable Energy Development Agency Ltd (IREDA), described as the nation's largest pure-play green financing NBFC, reported its highest-ever annual profit after tax of ₹1,699 crore for 2024-25, up 36%, the Ministry of New and Renewable Energy said on 15 April 2025. Revenue from operations rose 36% to ₹6,742 crore, net worth rose 20% to ₹10,266 crore and the loan book grew 28% to about ₹76,282 crore. By publishing audited financial results within 15 days, IREDA became the first company in the NBFC and banking sector, and the first PSU, to do so. Pradip Kumar Das is CMD.
Key facts
- PAT 2024-25
- ₹1,699 crore (+36%), highest ever
- Revenue from operations
- ₹6,742 crore (+36%)
- Net worth
- ₹10,266 crore (+20%)
- Loan book
- About ₹76,282 crore (+28%)
- First
- First PSU / NBFC-banking company to publish audited results in 15 days
- CMD
- Pradip Kumar Das
Practice MCQs 2 questions
What was IREDA's profit after tax for 2024-25, its highest ever?
Show answer
Correct answer: B — ₹1,699 crore
₹1,699 crore, up 36%. ₹2,104 crore was the profit before tax and ₹6,742 crore the revenue from operations.
IREDA became the first PSU to publish its audited financial results for 2024-25 within how many days?
Show answer
Correct answer: C — 15 days
15 days, making it the first company in the NBFC and banking sector and the first PSU to do so.