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IREDA Reports Strong Q2 FY 2024-25 Performance, Cuts NPAs to 1%

As of September 30, the company’s net worth stood at ₹93.36 billion (~ $1.12 billion)

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a profit after tax of ₹3.88 billion (~$46.7 million) during the second quarter (Q2) of FY 2024-25, reflecting a year-over-year (YoY) growth of 36.18%.

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