On April 8, 2025, IREDA share price rose over 3%, reaching a day high of 157.05 at 11:15 AM, after opening at 155.20. The gain in IREDA share price came after the company announced that it would consider and approve the release of Q4FY25 and FY25 results on April 15, 2025
IREDA released its business update for the January- March quarter earlier this month. During this period, the company’s loans grew by 27% year-on-year, reaching ₹47,453 crore, up from ₹37,354 crore at the end of the same quarter last year.
Loan disbursements also saw a 20% increase year-on-year, totaling ₹30,168 crore. Meanwhile, the company’s outstanding loan book stood at ₹76,250 crore at the end of the quarter, reflecting a 28% growth compared to ₹59,968 crore in the same quarter last year. IREDA has not yet disclosed its shareholding for the March quarter. As of the December quarter, the government held a 75% stake in the company.
Also Read: IREDA Launches First Perpetual Bond Issue to Raise ₹1,247 Crore
On March 27, 2025, IREDA entered into a Facility Agreement with SBI’s Tokyo Branch to raise External Commercial Borrowing (ECB) amounting to JPY 26 billion, which includes a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with a bullet payment due at maturity, is aimed at enhancing IREDA’s global market presence. The landed cost (after hedging) is anticipated to be under 7%, making it a more cost-effective option compared to similar-tenure loans available in the domestic market.
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Published on: Apr 8, 2025, 11:40 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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