IREDA Share Price Jumps Nearly 6%: IREDA Q4 Results Announced; Profit Soars 49%, Loan Book Grows 28%

Indian Renewable Energy Development Agency (IREDA) is one of the top stocks to watch today, 16th April 2025. The stock price surged 5.95% to reach ₹177.05 from the previous closing. IREDA share relied close to 6% today after strong Q4FY25 results. Market expectations are beaten in both profit and revenue fronts. The cheerful reaction of investors is wholly attributable to strong earnings and robust growth momentum. 

IREDA Share: Q4 Results Highlights

• IREDA reported a 48.66% YoY increase in consolidated net profit for Q4FY25.
• The net profit reached ₹501.55 cr against ₹337.39 cr of Q4FY25. 
• The company’s revenue rose by 36.93% YoY to reach ₹1,956,06 cr against ₹1,391.26 cr of Q4FY24. 
• The loan book of IREDA grew by 28% YoY to reach ₹76,250 cr from ₹59,698 cr last year.

IREDA Q4FY25 results beat estimated figures because of the sustainable demand for renewable energy financing! Moreover, growth in the loan book reflects sustainable credit demand in the renewable energy sector. 

IREDA Borrowing Plans

The board of IREDA has recently approved a borrowing program of ₹30,800 cr for FY26 and revised the limit of FY25 to ₹29,200 cr (Up by ₹5,000 cr). The government of India holds a 75% stake in IREDA Limited, and the company is expected to play a pivotal role in India’s green energy transition. 

IREDA Q4FY25 Results Comparison

Also Read: IREDA Share Price Jumps 3.65% Attributed to Q4 Results: Will the Momentum Sustain?

Final Thoughts

With robust Q4FY25 results, IREDA remains one of the best stocks to watch today, with around a 6% rise in the PSU green energy space. Experts are bullish on IREDA share price and maintained buy and hold ratings. However, they also claimed that asset quality will remain a key variable to watch. 

Disclaimer: This news article is for informational purposes only. Conduct your own research or consult a financial advisor before investing in shares and other securities. 

Explore Other News Articles

Stocks to Watch Today: 16th April 2025 | NHPC, ITC, UBL, IREDA, BEL, & More!

Market Booms on Hints of US Tariff Relief Amid Global Trade Tensions: Nifty Jumps 2.14%

Zydus Lifesciences Gets USFDA Approval For Jaythari Tablets; Zydus Share Spikes 

Stock Market Today: Sensex Opened 1,700 Points Up; Nifty Scales 23,368.35 | Check More Updates 

Stocks to Watch Today: 15th April 2025 | NHPC, HCL Tech, Tata Power, Cyient, PNB, & More!