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IREDA Q3 Results: Net profit jumps 67.15% on year to ₹335.5 crore, revenue up 44%
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₹335.54 crore. The company had reported a profit of ₹200.75 crore in the year-ago period.
Sequentially, the net profit was up 17.8%. IREDA share price were locked in 10% upper circuit on Saturday's session, touching its all-time high.
The IREDA share price hit an intraday high of ₹148.90 apiece on BSE. “This outstanding performance is attributed to consistent growth in the Loan Book and a significant reduction in Net Non-Performing Assets (NPAs) from 2.03% to 1.52% year-on-year, " said the company in an exchange filing.
Also Read: IREDA share price hits lifetime high ahead of Q3 results today. Buy or sell? "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
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