Navratna company Indian Renewable Energy Development Agency (IREDA) has announced the results of the third quarter. In the information given by the company, it has been said that the net profit in the third quarter of the current financial year has been Rs 1381.36 crore. Which is 15.4 percent more on annual basis. IREDA’s revenue (operations) was Rs 6041.82 crore. In the same quarter a year ago, the revenue (operations) of the government company was Rs 4714.25 crore. Which shows that it has increased by 28.2 percent on an annual basis.
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The company’s revenue (from operations) during the first 9 months of the current financial year ending December 31, 2025 stood at Rs 6135 crore. Which is 27 percent more on annual basis. During the same 9 months of the last financial year, the company’s revenue was Rs 4838 crore. Let us tell you, the profit (before tax payment) from April to December 2025 has been Rs 1718 crore. Which is 17 percent more on annual basis. The company’s profit after tax payment was Rs 1381 crore in the same period. Journey from ₹ 24 to ₹ 1400, multibagger stock gave returns of ₹ 64 lakh in 4 years
IREDA shares are struggling
The position of the company in the stock market is not good. At the time of closing of the market on Friday, the share price of IREDA had fallen by 3.19 percent and closed at the level of Rs 136.65 in BSE. The company’s share prices have declined by 17 percent in the last 6 months. At the same time, the share prices of IREDA have declined by 36 percent in one year. Let us tell you, the 52 week high level of the company is Rs 227 and the 52 week low level is Rs 129.10. The market cap of the company is Rs 38388.15 crore.
The company’s share prices have seen an increase of 32 percent in two years.