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IREDA’s Q3 Profits Record a 27% YoY Increase

The agency’s net worth in the quarter stood at ₹98.42 billion (~$1.14 billion)

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a profit after tax of ₹4.25 billion (~$49.52 million) during the third quarter (Q3) of the financial year (FY) 2024-25, reflecting a year-over-year (YoY) growth of 27%.

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