https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

IREDA Reports Record Annual Profit of ₹1,699 Crore in FY 2024–25, Becomes First PSU to Declare Audited Results Within 15 Days

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.
Indian Masterminds Stories

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.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
ACC_Appointments Committee of Cabinet
ACC Clears CVO Appointments in CMPFO and KVIC: Amaresh Kumar, Prashant Singh Take Charge
Powergrid1 Power Grid
Power Grid Bags Rs-Crore Transmission Project, to Build Prayagraj Substation and 765 kV Lines
Railtel
RailTel Shares Surge After Winning Rs 57.48 Crore Order from Bihar State Educational Infrastructure Development Corporation
Visakhapatnam Port Authority Visakhapattanam Port Authority
IES Officer Arun Prasad T Named Chief Vigilance Officer of Visakhapatnam Port Authority
Bank of India - BOI
Bank of India Extends Tenure of Two Executive Directors: P R Rajagopal and Subrat Kumar
EIL’s Sanjay Jindal Awards
CFO Excellence: EIL’s Sanjay Jindal Wins Prestigious ‘CFO of the Year 2024-25’ Award by CII
GCCI Goa Chamber of Commerce and Industry
GCCI Urges Centre to Retain NIL Export Duty on Goa’s Low-Grade Iron Ore, Warns of ₹800 Crore Annual Loss
Retired IRAS officer NVS Reddy
Who Is NVS Reddy? After 18 Years as Hyderabad Metro MD, Retired IRAS Officer Appointed Urban Transport Advisor
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
K M Abharna IFS Eco Warrior Awards 2025
Meet K. M. Abharna, the IFS Officer Behind Avni’s Case and Vidya Balan’s Sherni Role
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
Tamil Nadu Gaur Rescue
Tiruchirappalli Forest Officials Risk Lives to Rescue Juvenile Gaur; Video Shared by IAS Officer Goes Viral
Trichy forest and fire teams risk lives to rescue a juvenile Indian gaur; IAS officer Supriya Sahu shares...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
ACC_Appointments Committee of Cabinet
ACC Clears CVO Appointments in CMPFO and KVIC: Amaresh Kumar, Prashant Singh Take Charge
Dumka Park Book
Dumka Park Turns into a Literary Hub with Book Baithak Initiative by DFO Satwik Vyas
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
IFS Uttam Kumar Sharma Interview
K M Abharna IFS Eco Warrior Awards 2025
ADVERTISEMENT
ADVERTISEMENT