On a sequential foundation, the revenue after tax (PAT) grew 10% over Rs 387.75 crore reported in Q2FY25. The topline noticed a 4.2% uptick on a quarter-on-quarter foundation versus Rs 1,629.56 crore reported within the July-September quarter.
The earnings have been introduced after market hours and shares of IREDA had ended at the moment at Rs 215.75, down by Rs 7.63 or 3.42%.
IREDA Q3FY25 income break-up
IREDA reported October-December quarter curiosity revenue at Rs 1,654.45 crore which was up from Rs 1,577.05 crore in Q2FY25 and Rs 1,208.10 crore in Q3FY24. It earned Rs 16.46 crore as charges & fee revenue within the reported quarter which was decrease on a QoQ and YoY foundation. Within the September ended quarter, this revenue was reported at Rs 25.64 crore whereas at Rs 19.88 crore within the yr in the past interval.
Different revenue in Q3FY24 stood at Rs 30.93 crore, up from Rs 9.53 crore in Q2FY25 and Rs 16.69 crore in Q3FY24.
IREDA Q3FY25 bills
The state-run firm incurred whole bills of Rs 1,160.78 crore within the December 31, 2024 ended quarter which was decrease on a sequential foundation versus Rs 1,170.48 crore in Q2FY25 however up from Rs 867.06 crore within the yr in the past interval. The bills embody finance price, worker advantages bills, Company Social Duty (CSR) expense, amongst different issues.Additionally Learn: TCS Q3 Outcomes: Revenue rises 12% YoY to Rs 12,380 crore, in-line with estimates
IREDA debt-to-equity ratio
IREDA’s debt-to-equity ratio as on December 31, 2024 rose to five.89 versus 5.13 reported as on December 31, 2023.
IREDA PAT, income for 9MFY25
The income for 9 months ended December 31, 2024 stood at Rs 4,714.25 crore versus Rs 3,493.79 crore within the yr in the past interval. It’s a 35% YoY development. In the meantime, firm’s backside line for a similar interval stood at Rs 1,196.81 crore up from Rs 914.85 crore in 9MFY24, witnessing a 31% leap.
IREDA’s asset high quality in Q3FY25
Firm’s Gross NPAs stood at Rs 1,845 crore in December 31, 2024 quarter versus Rs 1,465 crore within the yr in the past interval. As a proportion of whole advances, it stood at 2.68% versus 2.90% in Q3FY24.
Internet NPA was reported at Rs 1,024 crore in Q3FY25 versus Rs 757 crore in Q3FY24. It was down by 2 bps at 1.50% in Q3FY25 versus 1.52% in Q3FY24.
IREDA Working Revenue (Earlier than Dep, Impairment & Tax)
The working revenue was 51% increased at Rs 652 crore versus Rs 432 crore within the yr in the past interval.
IREDA Excellent Mortgage ebook
Excellent mortgage ebook stood at Rs 68,960 crore on the finish of Q32FY25 versus Rs 50,580 crore as on December 31, 2023, witnessing a 36%% YoY uptick.
