IREDA

2024 - 1 - 19

IREDA Shares Soar After Impressive Q3 Results: All You Need to Know

Indian Renewable Energy Development Agency - IREDA - Q3 Results - Renewable Energy - Stock Market

IREDA's Q3 results have taken the market by storm with a 67% surge in net profit. Find out more about the company's impressive performance and future prospects here!

IREDA, the Indian Renewable Energy Development Agency, is making waves in the stock market following its exceptional Q3 results. The company reported a staggering 67% increase in net profit, reaching Rs 335.54 crore. This significant growth is attributed to a 44.21% rise in sales, totaling Rs 1253.20 crore for the quarter.

Investors are keeping a close eye on IREDA shares as they potentially gear up to join Nifty Midcap 150. The company's performance is indicative of its strong position in the renewable energy sector, showcasing resilience and potential for further growth.

Furthermore, IREDA's strategic partnership with Indian Overseas Bank emphasizes its commitment to accelerating renewable energy development. This collaboration marks a pivotal step towards sustainable energy initiatives and financial support for green projects.

In a surprising turn of events, IREDA's share price hit a lifetime high ahead of the Q3 results, sparking buying interest and positive market sentiment.

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Image courtesy of "Business Today"

Suzlon Energy, IREDA shares may join Nifty Midcap 150; IRFC ... (Business Today)

Tata Technologies Ltd, Indian Overseas Bank (IOB), Sulzon Energy Ltd, SJVN Ltd, UCO Bank, JSW Infra and IREDA could be.

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Image courtesy of "Business Today"

IREDA shares Q3 results: Profit surges 67% to Rs 335.54 crore; loan ... (Business Today)

IREDA said its sales for the quarter rose 44.21 per cent to Rs 1253.20 crore compared with Rs 868.98 crore in the same quarter last year.

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Image courtesy of "Livemint"

IREDA Q3 Results: Net profit jumps 67.15% on year to ₹335.5 crore ... (Livemint)

IREDA Q3 Results: IREDA reported a 67.15% YoY rise in net profit for Q3FY24 to ₹335.54 crore. The company's revenue from operations stood at ₹1252.85 ...

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Image courtesy of "Republic World"

IREDA Q3 profit jumps 67% to Rs 335.5 crore (Republic World)

IREDA Q3 profit jumps: The New Delhi-based company's operating profit, also known as EBITDA, surged 51% to Rs 1154 crore in Q3FY24, from Rs 764 crore Q3FY23 ...

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IREDA share price hits lifetime high ahead of Q3 results today. Buy ... (Livemint)

Stock market today: Shares of the Indian Renewable Energy Dev Agency (IREDA) witnessed strong buying interest during early morning deals on Saturday.

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Image courtesy of "Moneycontrol.com"

IREDA shares zoom 10% after net profit surges 67% in Q3 (Moneycontrol.com)

IREDA's net profit grew 67.2 percent YoY to Rs 335.5 crore while its revenue went up 44.2 percent YoY to Rs 1252.9 crore.

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IREDA Q3 Results: After 4x surge from IPO price in 40 days of listing ... (CNBCTV18)

Indian Renewable Energy Development Agency or IREDA reported its December quarter results on Saturday, January 20. The renewable energy state-run financier ...

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Image courtesy of "Business Standard"

IREDA posts 77% rise in profit at Rs 355 crore in Oct-Dec quarter (Business Standard)

State-owned IREDA on Saturday posted a 77 per cent rise in net profit at Rs 355.54 crore during the quarter ended December 2023, pushed by higher income.

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Image courtesy of "SMEStreet"

IREDA and Indian Overseas Bank Partner for Renewable Energy ... (SMEStreet)

This strategic partnership between IREDA and Indian Overseas Bank marks a significant step in our commitment to accelerate the growth of renewable energy in ...

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Image courtesy of "PSU Watch"

Q3 Results: IREDA posts 67% growth in net profit, earnings per ... (PSU Watch)

IREDA's outstanding performance is attributed to the consistent growth in the Loan Book and a significant reduction in net Non-Performing Assets (NPAs) from ...

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Image courtesy of "Investing.com India"

IREDA net profit surges 67% in Oct-Dec quarter (Investing.com India)

IREDA's revenue from operations rose 44.2 per cent to Rs 1252.85 crores during the third quarter from Rs 868.67 crore in the same quarter last year. The company ...

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Image courtesy of "Hindustan हिंदी"

बंपर प्रॉफिट के बाद इस शेयर को खरीदने टूटे निवेशक, ₹172 तक जाएगा भाव! (Hindustan हिंदी)

आईपीओ का इश्यू प्राइस ₹32 था, जो 87.5 प्रतिशत प्रीमियम को दिखाता है। यह आईपीओ लगातार 11 कारोबारी दिन तक बढ़ता रहा।

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Image courtesy of "मनी कंट्रोल"

IREDA Q3 Result: मुनाफा उछलकर 336 करोड़, आय बढ़कर हुई 1253 करोड़ ... (मनी कंट्रोल)

IREDA का तीसरी तिमाही में मुनाफा सालाना आधार पर बढ़कर 336 करोड़ रुपये हो गया। जबकि पिछले वित्त वर्ष की तीसरी तिमाही में कंपनी को 201 ...

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Image courtesy of "Business Standard Hindi"

IREDA का नेट प्रॉफिट दिसंबर तिमाही में 77% बढ़ा (Business Standard Hindi)

नवीन और नवीकरणीय ऊर्जा मंत्रालय के तहत आने वाली इरेडा एक गैर-बैंकिंग वित्तीय कंपनी (एनबीएफसी) है।

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Image courtesy of "Zee Business हिंदी"

PSU Stock में आई तूफानी तेजी, Q3 नतीजे आते ही स्टॉक में लगा 10% का ... (Zee Business हिंदी)

PSU Q3 Results: IREDA का शेयर 29 नवंबर 2023 को लिस्ट हुआ था. IPO पिछले साल 21 से 23 नवंबर तक खुला था. कंपनी के इश्यू को निवेशकों से जबरदस्त ...

IREDA Q3 Results: Profit jumps 77% to Rs 355 crore - The ... (The Economic Times)

IREDA, under the Ministry of New and Renewable Energy, is a non-banking financial institution engaged in promoting, developing and extending financial ...

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Image courtesy of "The Statesman"

IREDA reports 67% growth with Profit After Tax of Rs 335.54 crore in ... (The Statesman)

Company's revenue from Operations stands at Rs 1253.20 crores as against Rs 868.98 crores, up by 44.21% for this quarter.

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Image courtesy of "ETAuto.com"

State-owned IREDA Q3 profit zooms 67% to INR 335 crore; loan ... (ETAuto.com)

Ireda: The company's total income surged to INR 1253.19 crore in the third quarter of FY24 from INR 868.97 crore a year ago. Its expenses were INR 867.05 ...

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