IREDA shares rally 11% after company logs highest-ever net profit in FY24
Mon, Apr 22, 2024 10:20 AM

IREDA shares rally 11% after company logs highest-ever net profit in FY24

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IREDA, the nation's largest pure-play green financing NBFC, witnessed an 11.40% surge in its share price during today's early morning trading session, reaching ₹179 apiece. This increase was fueled by investor enthusiasm following the company's impressive financial performance in Q4FY24 and for the full fiscal year of FY24. It has successfully reduced its net NPAs to 0.99% in FY 2023–24.

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