Earnings Review: IREDA's Oct-Dec PAT up 27% YoY on healthy interest income
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Earnings Review

IREDA's Oct-Dec PAT up 27% YoY on healthy interest income

A robust rise in the interest income of Indian Renewable Energy Development Agency Ltd. led the company to post a healthy profit of INR 4.25 billion for the December quarter, up 26.8% on year. The renewable sector financier's interest income during the quarter was INR 16.54 billion, up 37% on year. Sequentially, the company's profit rose 9.7%.

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