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2 min read | Updated on April 16, 2025, 07:38 IST
SUMMARY
Q4 results: Diesel engine manufacturer Swaraj Engines, internet service provider GTPL Hathway, steelmaker Heera Ispat, and money-changing services provider India Cements Capital will release their March quarter report cards on April 16.
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On Tuesday, IREDA posted a 49% rise in its standalone net profit to ₹502 crore in the March quarter of FY25. | Image: Shutterstock
Q4 earnings season is here, and many companies will announce their financial results on Wednesday, April 16. They include information technology major Wipro, solar energy solutions provider Waaree Renewables Technology, and Mukesh Ambani-led Reliance Industrial Infrastructure.
Diesel engine manufacturer Swaraj Engines, stockbroker Angel One, internet service provider GTPL Hathway, steelmaker Heera Ispat, and money-changing services provider India Cements Capital will release their Q4 report cards on April 16.
On Tuesday, IREDA, which is state-owned, posted a 49% rise in its standalone net profit to ₹502 crore in the March quarter of FY25. In the year-ago period, the post-tax profit stood at ₹337.39 crore.
Its revenue from operations climbed 37% to ₹1,904.19 crore in the fourth quarter, compared to ₹1,391.26 a year back.
For the fiscal year 2025, the company said its net profit was the highest ever at ₹1,699 crore, reflecting an increase of 36% year-on-year.
Its revenue from operations rose 36% YoY to ₹6,742 crore in FY25. As of March 31, 2025, the company said its net worth was ₹10,266 crore, a jump of 20% YoY.
The company's loan book registered a 20% growth to ₹76,282 crore in FY25.
"IREDA's sustained growth in revenue, profitability, and loan book underscores our strategic focus towards financing India's renewable energy ambitions. We remain committed to being the enabler of India's green energy transition through innovative financial solutions and strategic partnerships," its Chairman and Managing Director Pradip Kumar Das said.
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