IREDA Q1 Live Updates: Indian Renewable Energy Development Agency Ltd (IREDA), the renewable sector financier, will announce its Q1 results today. IREDA is expected to report strong earnings growth for the first quarter of FY25 on a year-on-year (YoY) basis. IREDA Q1 net interest income (NII) is estimated to rise more than 42% YoY, while its net profit growth is projected at 25% YoY. The net interest margin (NIM) of the non-banking financial company (NBFC) is seen expanding by 34 basis points YoY to 3.40%. The multibagger PSU stock, IREDA share price jumped over 7% to hit a record high ahead of the release of Q1 results today. Stay tuned to our IREDA Q1 results 2024 live blog for the lates updates:
IREDA Q1 Results 2024 Live: IREDA to announce Q1 results today
IREDA Q1 Results 2024 Live: Indian Renewable Energy Development Agency Ltd (IREDA), the renewable sector financier, will announce its Q1 results today. IREDA is a government-owner non-banking financial company (NBFC) engaged in financing the renewable sector.