New Delhi: The Indian Renewable Energy Development Agency Limited (IREDA), the nation’s largest green-focused Non-Banking Financial Company (NBFC), has posted its highest-ever annual Profit After Tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025. The announcement was made following a Board of Directors meeting held today, which approved the company’s audited standalone and consolidated financial results for Q4 and the full financial year.
This record PAT marks a 36% year-on-year increase, showcasing IREDA’s robust financial performance and reaffirming its strategic leadership in financing India’s green energy sector.
Key Financial Highlights for FY 2024–25:
- Profit After Tax (PAT): ₹1,699 crore (up 36%)
- Profit Before Tax (PBT): ₹2,104 crore (up 25%)
- Revenue from Operations: ₹6,742 crore (up 36%)
- Loan Book: ₹76,282 crore (up 28%)
- Net Worth: ₹10,266 crore (up 20%)
Q4 FY 2024–25 Performance:
For the quarter ending March 31, 2025, IREDA reported strong growth across all financial metrics:
- Quarterly PAT: ₹502 crore (up 49%)
- Quarterly PBT: ₹630 crore (up 31%)
- Quarterly Revenue from Operations: ₹1,904 crore (up 37%)
These results reflect the company’s consistent upward trajectory and its ability to sustain momentum amid evolving market conditions.
Industry Milestone in Financial Reporting
In a landmark achievement, IREDA has become the first company in the NBFC and banking sectors—and the first Public Sector Undertaking (PSU)—to publish its audited financial results within just 15 days of the close of the financial year. This sets a new benchmark in financial transparency, corporate governance, and operational efficiency.
CMD Pradip Kumar Das on IREDA’s Performance
Commenting on the results, IREDA Chairman and Managing Director Pradip Kumar Das highlighted the company’s strategic role in advancing India’s clean energy mission.
“IREDA’s sustained growth in revenue, profitability, and loan book underscores our strategic focus towards financing India’s renewable energy ambitions. We remain committed to being the enabler of India’s green energy transition through innovative financial solutions and strategic partnerships,” said Das.
He praised the dedication of Team IREDA and acknowledged the support of the government, particularly:
- Union Minister Pralhad Joshi (New & Renewable Energy, Consumer Affairs, and Food & Public Distribution)
- Minister of State Shripad Naik (Power and New & Renewable Energy)
- MNRE Secretary Nidhi Khare
- Other senior officials and the IREDA Board of Directors
Driving India’s Green Future
As India accelerates its shift toward renewable energy and sustainable infrastructure, IREDA’s role as a key financial catalyst continues to grow. The organization remains focused on supporting innovative green projects, expanding access to clean energy finance, and aligning its operations with national and global climate goals.
