Indian Renewable Energy Development Agency (IREDA) has announced its standalone audited financial results for the fourth quarter and financial year ended March 31, 2025, showcasing an impressive performance backed by a strong loan portfolio and rising interest income from renewable energy projects.
In the fourth quarter (Q4 FY2025), IREDA reported a net profit of ₹501.79 crore, marking a robust growth of 48.76% compared to ₹337.39 crore in the same quarter last year (Q4 FY2024). This sharp rise highlights the company’s improved operational efficiency and consistent focus on financing the green energy sector.
On the revenue front, IREDA posted a total income of ₹1,914.73 crore for Q4 FY2025, which is a 37.64% jump from ₹1,391.66 crore reported in Q4 FY2024. This growth was largely driven by higher interest income from its expanding loan book and consistent demand for renewable energy project funding.
In terms of operational strength, IREDA reported an Operating Margin of 31.02% for Q4 FY2025, slightly down from 35.92% in the same quarter last year. The Net Profit Margin stood at 25.15% compared to 25.22% a year ago, showcasing stability in profitability even amid expansion.
IREDA’s asset quality remained solid, with a Gross Non-Performing Assets (GNPA) Ratio of 2.45% in Q4 FY2025 versus 2.36% a year ago, and a Net NPA Ratio of 1.35% against 0.99% last year. The Capital to Risk-Weighted Assets Ratio (CRAR) improved significantly to 17.77% from 15.51%, underlining a stronger capital position.
For the full financial year (FY2025), IREDA’s net profit stood at ₹1,698.60 crore, showing a strong 35.58% increase over ₹1,252.24 crore reported in FY2024. Total revenue for the year climbed to ₹6,742.41 crore, up 35.82% from ₹4,963.30 crore in the previous fiscal, highlighting the company’s consistent growth trajectory.
IREDA's loan assets also expanded significantly, rising to ₹76,185.51 crore as of March 31, 2025, compared to ₹59,597.59 crore a year earlier — a clear indicator of growing financing activity in India’s booming renewable energy sector.
The company’s prudent risk management is reflected in its provisioning coverage ratio, which stood at 2.49% at the end of March 2025, slightly lower than 2.81% in March 2024, showing stable asset quality amid loan book expansion.
Additionally, during the quarter, IREDA appointed M/s R M Bansal & Co., Cost Accountants, as its Cost Auditor, underscoring the company’s commitment to corporate governance and financial transparency. This appointment aims to strengthen IREDA’s audit processes, especially as it continues to scale operations.
IREDA’s strong financial results not only reinforce its position as a leader in renewable energy financing but also underline the rapid momentum in India’s clean energy transition — aligning with the government’s ambitious sustainability goals.
Disclaimer:
The information provided in this article is for general informational purposes only and is based on the publicly available financial results of Indian Renewable Energy Development Agency (IREDA) as of April 15, 2025. This article does not constitute investment advice. Investors are advised to conduct their own research or consult a professional financial advisor before making investment decisions.