Ireda posts strong growth momentum in Q4, but ₹470 crore Gensol loan is a concern
Shares of Indian Renewable Energy Development Agency Ltd (Ireda) rose almost 4% after reporting a 49% growth in net profit in Q4 of FY25, thanks to strong credit offtake and improved interest margins. With the cut in the benchmark repo rate by 50 basis points to 6% over the past two monetary policy meetings and…
