IREDA Share Rises After 49% Jump in Q4 Profit to ₹501.55 Crore

IREDA share advanced on April 16, 2025, following the Indian Renewable Energy Development Agency’s (IREDA) strong Q4 FY25 results. The company reported a net profit of ₹501.55 crore for the quarter ending March 31, 2025, marking a 49% increase compared to ₹337.39 crore in Q4 FY24.

Revenue from operations rose nearly 37% year-on-year to ₹1,905.06 crore. Interest income surged over 40% to ₹1,861.14 crore during the same period, driven by increased disbursements and a growing loan book.

Expenses and Margin Performance

Total expenses increased 41% YoY to ₹1,284.75 crore in Q4 FY25. Despite higher earnings, the full-year net profit margin slipped slightly to 25.14% in FY25 from 25.22% in FY24. The operating margin also declined to 31.01%, down from 33.92% the previous year.

Asset Quality Trends Show Sequential Improvement

Asset quality showed a mixed trend. Net NPA margin rose from 0.99% in Q4 FY24 to 1.35% in Q4 FY25, indicating a YoY deterioration. However, it improved from the 1.5% recorded in Q3 FY25. Gross NPA margin for the quarter stood at 2.45%.

Audit Appointment and Operational Updates

Alongside its Q4 results, IREDA announced the appointment of RM Bansal and Company as the firm’s cost auditor for FY26. The appointment is effective from April 15, 2025.

In an earlier exchange filing, the company reported a 28% YoY rise in its loan book, which stood at ₹76,250 crore for FY25. Loans sanctioned rose 27% to ₹47,453 crore, while loan disbursements grew 20% to ₹30,168 crore.

IREDA Share Price Performance

On April 16, 2025, IREDA share price opened at ₹177.03, up from its previous close of ₹166.98. By 11:58 AM, the stock was trading at ₹176.51 on the NSE, reflecting a 5.71% intraday gain.

Despite a strong monthly gain of over 20%, the stock remains down over 24% in 2025 so far. Its 52-week high of ₹310.00 was recorded on July 15, 2024, while the 52-week low of ₹137.01 was reached on March 17, 2025.

Conclusion

IREDA share reacted positively to robust Q4 earnings, backed by strong revenue and interest income growth. While margin and asset quality saw some pressure, the overall operational performance and loan book expansion suggest continued strength in the company’s fundamentals heading into FY26.

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