Subscribe for notification
Categories: Stock Market

IREDA Q4 Results LIVE Updates: IREDA share price jumps over 4% ahead of Q4 results today


IREDA Q4 Results LIVE Updates: Indian Renewable Energy Development Agency (IREDA), the state-run renewable energy projects financier, is set to declare its Q4 results today. Along with IREDA Q4 results, there are nine other companies to announce their financial earnings today, April 15.

IREDA share price rallied over 4% ahead of the announcement of Q4 results today. IREDA will also announce financial results for the full financial year 2024-2025.

Stay tuned to our IREDA Q4 Results Live updates:

IREDA Q4 Results LIVE: IREDA share price jumps

IREDA share price jumped over 4% ahead of the Q4 results today. IREDA shares opened higher at 159.50 apiece on the BSE on Tuesday as against its previous close of 154.15. The PSU stock hit an intraday high of 161.90 soon after the opening.

IREDA Q4 Results LIVE: IREDA Q4 Results Preview

Analysts expect IREDA to deliver robust financial results based on the strong operational metrics from Q3FY25. IREDA is expected to report a net interest income (NII) of around 670 crore in the fourth quarter of FY25, registering a growth of nearly 40% from 480 crore in the same quarter last year.

The company’s net profit in Q4FY25 is expected to rise 28% to 430 crore from 337 crore, year-on-year (YoY).

IREDA Q4 Results LIVE: IREDA to declare Q4 results today

The board of directors of IREDA will meet today to approve the financial results for the fourth quarter ended March 2025 as well as the financial year ending March 2025.

“This is to inform you that meeting of the Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) will be held on Tuesday, April 15, 2025, inter-alia to consider and approve the audited Consolidated financial results of the Company for the quarter & year ended March 31, 2025,” IREDA said in a regulatory filing.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Admin

Recent Posts

Top Wall Street analysts prefer these dividend stocks for consistent returns

The Home Depot logo is displayed outside a store on March 10, 2025 in San Diego, California. Kevin Carter |…

17 minutes ago

Gold’s rally broke down in May. It’s still doing better than stocks.

Gold futures fell 0.5% to $3,288.90 per troy ounce in May to snap a four-month winning streak, with the metal…

40 minutes ago

GIFT Nifty sets all-time high monthly turnover of $102.35 billion in May 2025

GIFT Nifty, the leading derivative contract on the NSE International Exchange (NSE IX) at GIFT City, reached a record monthly…

1 hour ago

HRW warns Gulf labourers at risk as temperatures soar

UAE, Saudi Arabia, Qatar and Kuwait are witnessing temperatures soaring up to 50 degree celsius (Image credit: AFP) Human Rights…

2 hours ago

Stock market weekly wrap: Sensex, Nifty 50 end in red for second week; What to expect from Indian market next week?

Indian stock market: Both market indices - Sensex and Nifty 50 - wrapped up the week on a cautious note,…

2 hours ago

Expert view: Can Nifty 50 surpass 26k in June? 5 stocks to buy for next 1 year and more

Expert view on markets: Vinit Bolinjkar, Head of Research at Ventura Securities, says India's healthy economic growth, robust corporate earnings…

3 hours ago