IREDA Q1 profit surges amid new finance initiatives, renewable push

Indian Renewable Energy Development Agency (IREDA) has announced its Q1 2025 results, showcasing a significant increase in net profit. For the quarter ended June 30, net profit reached INR246.88 crore, alongside total revenues of INR1,959.84 crore. In its meeting held on July 10, 2025, IREDA's board also approved a dividend policy, and these results demonstrate the company's commitment to expanding sustainable energy solutions.

These earnings were driven by a strong increase in interest income, which hit INR1,909.10 crore. In line with these strong financials, IREDA has appointed Shri Amit Goel as Senior Management Personnel and Key Managerial Personnel.

During the quarter, IREDA also took steps to enhance its corporate governance. In a board meeting, IREDA approved a revised code of conduct to address key areas in Insider Trading regulation. With these measures, IREDA aims to promote transparency and accountability in its operations, underscoring its role in sustainable energy finance.