IREDA's bottom-line rose over 41.6% to Rs 549 crore, during this quarter. (Photo: Ireda website) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Indian Renewable Energy Developement Agency reported its second quarter earnings early Tuesday. The company saw a 26.2% uptick in revenue rising to Rs 2,057 crore. This compares to Rs 1,630 crore that was reported during the previous year.
The company's bottom-line rose over 41.6% to Rs 549 crore, during this quarter. This compared to Rs 388 crore reported during the same quarter in the previous year.
The net interest income or NII was up 49.4% to Rs 817 crore. The NII during the same quarter in the previous year stood at Rs 547 crores.
IREDA Q2 Highlights
Revenue up 26.2% at Rs 2,057 crore versus Rs 1,630 crore.
Net Inte