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IREDA reports highest ever PAT at Rs 634 crore

By IndianMandarins- 02 May 2022
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New Delhi (02.05.2022): Indian Renewable Energy Development Agency (IREDA) reported an all-time high annual profit after tax (PAT) of Rs 634 crore and profit before tax (PBT) of Rs 834 crore in the FY 2021-22 in midst of the second and third waves of COVID-19 Pandemic during the year, registering a massive growth of 82.88 percent and 46.41 percent, respectively over FY 2020-21.
The Loan Book of IREDA, has grown from Rs 27,854 as on March 31, 2021, to Rs 33,931 crore as on March 31, 2022 (registering a growth of 21.82 per cent). The company registered the highest-ever loan sanction of Rs 23,921 crore (growth of 117.44 per cent to the previous year sanction of Rs 11,001 crore).

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