Ireda Q2FY25 results: Net profit grows 36% to Rs 388 cr on higher revenues

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Ireda Q2FY25 results: Net profit grows 36% to Rs 388 cr on higher revenues - Business Standard

Quick Summary:

State-owned Ireda on Thursday reported a 36 per cent rise in its profit after tax to Rs 387.75 crore in the September quarter on higher revenues.

Ireda's loan book increased by 35.88 per cent to Rs 64,564.36 crore from Rs 47,514.48 crore in the same quarter a year.

The company had posted a profit after tax (PAT) of Rs 284.73 crore in the July-September period of the preceding 2023-24 fiscal, it said in an exchange filing.