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Written by 4:34 pm Manufacturing Sector News

IREDA Q3 results: Net profits rise 27% YoY to ₹425.35 crore; revenue up 37%

IREDA Q3 results: The Indian Renewable Energy Development Agency (IREDA) announced its October to December quarter results on Thursday, January 9. The state-owned company’s net profits rose 27 per cent to 425.38 crore in the third quarter of the financial year 2024-25, compared to 335.53 crore in the same quarter of the previous year.

Indian Renewable Energy Development Agency (IREDA) shares closed 3.31 per cent lower at 215.90 after Thursday’s market session, compared to 223.30 at the previous market close. The company released the results after market closing hours on Thursday. 

Indian Renewable Energy Development Agency (IREDA) total expenses for the third quarter rose by 33.8% to 1,160.78 in the financial year 2024-25, compared to 867.06 in the same period a year ago.

(…stay tuned for more updates.)

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