IREDA Stock Hits Nearly 2-Month High After Strong Q4 Earnings: Retail Sentiment Peaks

Indian Renewable Energy Development Agency (IREDA) shares surged over 5% on Wednesday to hit highs last seen in late February, driven by robust fiscal fourth-quarter earnings, lifting retail investor sentiment.

IREDA reported an impressive 49% year-on-year (YoY) increase in consolidated net profit, amounting to ₹502 crore, alongside a 37% rise in revenue from operations to ₹1,905 crore. 

Profit before tax (PBT) surged by 31% to ₹629 crore during the March 31, 2025 quarter. 

The company's loan book expanded significantly, growing 28% YoY to ₹75,319 crore, reflecting its robust lending operations in the renewable energy sector.

Despite these gains, IREDA's asset quality showed some deterioration. Net non-performing assets (NPAs) rose from 0.99% in Q4 FY24 to 1.35% in Q4 FY25, while gross NPAs stood at 2.45%. 

However, this did not dampen investor sentiment as the company's growth trajectory remains strong.

Data from Stocktwits showed retail sentiment remaining 'extremely bullish', hitting the highest possible level, amid a jump in message volume.

One user said the market liked the strong Q4 results. 

The market response reflects growing confidence in its long-term potential as a key player in the green energy sector. 

However, IREDA is down 18.30% year-to-date (YTD). 

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