Renewable Sector Lender IREDA’s Q3 Profit Jumps 88% YoY to ₹2 Billion

The company disbursed three times more loans YoY in Q3

February 10, 2023

/ Finance and M&A, Other, Renewable Energy

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a profit of ₹2 billion (~$24.3 million) for the third quarter (Q3) of the financial year (FY) 2022-23, a jump of 88% year-over-year (YoY).

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Gautamee Hazarika

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Renewable Sector Lender IREDA’s Q3 Profit Jumps 88% YoY to ₹2 Billion

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