IREDA Q1 Live Updates: Indian Renewable Energy Development Agency Ltd (IREDA), the renewable sector financier, announced its April-June quarter results for fiscal 2024-25 (Q1FY25) on Friday, July 12, reporting a rise of 30 per cent in net profit to ₹383 crore. The total revenue from operations rose 32 per cent to ₹1,501 crore, compared to ₹1,143.50 crore in the year-ago period. The loan sanctions grew manifold by over 380 per cent in the Juen quarter.The multibagger PSU stock jumped over seven per cent to hit a record high ahead of the release of Q1 results today. IREDA shares settled 0.37 per cent higher at ₹284.65 apiece on the BSE before announcing Q1 results.Stay tuned to our IREDA Q1 results 2024 live blog for the latest updates:
