IREDA Reports Highest Ever PAT of ₹1,699 Crore for FY 2024-25

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Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025, showcasing significant growth across key financial metrics. The company reported its highest ever Annual Profit After Tax of ₹1,699 crore. As the nation’s largest pure-play Green Financing NBFC, IREDA has once again set industry standards by publishing its Audited Financial Results within just 15-days. This milestone positions IREDA as the first company in the NBFC and Banking Sector, and the first PSU, to publish Audited Financial Results in just 15-days.

The Board of Directors of IREDA, during a meeting held today, acknowledged the company’s outstanding performance and approved the Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025.

Key Financial Highlights (Standalone) – Q4 FY2024-25 vs Q4 FY2023-24:

·         Profit After Tax (PAT): ₹502 crore (49%)

·         Profit Before Tax (PBT): ₹630 crore (31%)

·         Revenue from Operations: ₹1,904 crore (37%)

·         Net Worth: ₹10,266 crore (20%)

·         Loan Book: ₹76,281 crore (28%)

Key Financial Highlights (Standalone) – FY2024-25 vs FY2023-24:

·         Profit After Tax (PAT): ₹1,699 crore (36%)

·         Profit Before Tax (PBT): ₹2,104 crore (25%)

·         Revenue from Operations: ₹6,742 crore (36 %)

·         Net Worth: ₹10,266 crore (20%)

·         Loan Book: ₹76,282 crore (28%)

Commenting on the results, Shri Pradip Kumar Das, CMD, IREDA, said, “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.”

Shri Das also expressed his appreciation for Team IREDA for their unwavering dedication and excellence in achieving these milestones. He further extended his gratitude to Shri Pralhad Joshi, Hon’ble Union Minister of New & Renewable Energy, Consumer Affairs and Food & Public Distribution; Shri Shripad Naik, Hon’ble Minister of State for Power and New & Renewable Energy; Ms. Nidhi Khare, Secretary, MNRE; other senior officials of MNRE and other ministry; and the Board of Directors for their continued support and invaluable guidance.