Indian Renewable Energy Development Agency Ltd 2024 AR2
The report highlights Indian Renewable Energy Development Agency Ltd.'s (IREDA) exceptional performance for the fiscal year 2023-24, during which it was upgraded to a Navratna CPSE. The company achieved an all-time high annual Profit After Tax of ₹1,252.23 Crore, representing a 44.83% growth over the previous year, alongside its highest-ever loan sanctions of ₹37,353.68 Crore and disbursements of ₹25,089.04 Crore. Additionally, IREDA successfully listed its shares on the NSE and BSE, with the IPO being oversubscribed by 38.59 times. The company also made significant progress in improving asset quality, reducing its Net NPA ratio to a ten-year low of 0.99%.
Company: Indian Renewable Energy Development Agency Ltd
Sector: Financials
Country: India
Year: 2024
Type: AR2
Pages: 304
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Indian Renewable Energy Development Agency Ltd
Annual Report
The report highlights Indian Renewable Energy Development Agency Ltd.'s (IREDA) exceptional performance for the fiscal year 2023-24, during which it was upgraded to a Navratna CPSE. The company achieved an all-time high annual Profit After Tax of ₹1,252.23 Crore, representing a 44.83% growth over the previous year, alongside its highest-ever loan sanctions of ₹37,353.68 Crore and disbursements of ₹25,089.04 Crore. Additionally, IREDA successfully listed its shares on the NSE and BSE, with the IPO being oversubscribed by 38.59 times. The company also made significant progress in improving asset quality, reducing its Net NPA ratio to a ten-year low of 0.99%.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees