(G.N.S) dt. 14
Indian Renewable Energy Development Agency (IREDA) on Saturday announced results for the second quarter ended September 30, 2022. The company has posted Profit Before Tax (PBT) of ₹ 276.31 Crore, which is 76.15% higher compared to ₹156.86 crore in the Q2 of the previous financial year. IREDA’s Net Non-Performing Assets (NPAs) have been reduced to 2.72% in Q2, FY 2022-23 from 4.87% in Q2, FY 2021-22, a significant reduction of 44% YoY. Profit After Tax has been registered at Rs 184.30 crore which is an increase of 67.14%.