Indian Renewable Energy Development Agency Reports Record Financial Performance in March 2025

Apr 15 2025 09:15 PM IST
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Indian Renewable Energy Development Agency has announced its financial results for the quarter ending March 2025, reporting record net sales of Rs 1,904.15 crore. Key metrics, including operating profit and profit after tax, also reached their highest levels in five quarters, indicating strong operational performance and profitability.
Indian Renewable Energy Development Agency has reported its financial results for the quarter ending March 2025, showcasing a notable performance in various key metrics. The company has achieved its highest quarterly net sales at Rs 1,904.15 crore, reflecting a significant growth compared to the average of the previous four quarters. This positive trend is consistent across multiple financial indicators, including operating profit, which reached Rs 1,733.85 crore, and profit after tax, which stood at Rs 501.79 crore, both marking their highest levels in the last five quarters.

The profit before tax, excluding other income, also reached a peak of Rs 619.40 crore, indicating a robust operational performance. The earnings per share have similarly reached a high of Rs 1.87, suggesting an increase in profitability and enhanced earnings for shareholders.

In light of these developments, the stock has undergone an adjustment in evaluation, reflecting the positive financial trajectory observed in the latest quarter.

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