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Share the post "Indian Renewable Energy Development Agency ‘s Q3 2024-25 Latest News: Revenue Grows by 35.57% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 35.57 % in the past year, substantial increase in net sales/revenue by 4.23 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 50.29 %. Marginal decrease of -36.49% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Indian Renewable Energy Development Agency Limited. Notable increase of 26.78 % in net profit Year to Year, Indian Renewable Energy Development Agency Limited’s profitability increased by 9.7 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 26.40 % Year to Year. EPS increased by 9.72 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1252.852 Cr | Rs. 1629.567 Cr | Rs. 1698.469 Cr | + 4.23 % | + 35.57 % |
| Expenses | Rs. 98.88 Cr | Rs. 130.87 Cr | Rs. 118.56 Cr | -9.41 % | + 19.9 % |
| Operating Profit | Rs. 1153.97 Cr | Rs. 1498.7 Cr | Rs. 1579.91 Cr | + 5.42 % | + 36.91 % |
| OPM % | 92.11 % | 91.97 % | 93.02 % | + 1.05 % | + 0.91 % |
| Other Income | Rs. 0.344 Cr | Rs. 0.814 Cr | Rs. 0.517 Cr | -36.49 % | + 50.29 % |
| Interest | Rs. 759.97 Cr | Rs. 1030.18 Cr | Rs. 1032.2 Cr | + 0.2 % | + 35.82 % |
| Depreciation | Rs. 8.21 Cr | Rs. 9.43 Cr | Rs. 10.02 Cr | + 6.26 % | + 22.05 % |
| Profit before tax | Rs. 386.13 Cr | Rs. 459.9 Cr | Rs. 538.21 Cr | + 17.03 % | + 39.39 % |
| Tax % | 13.1 % | 15.69 % | 20.96 % | + 5.27 % | + 7.86 % |
| Net Profit | Rs. 335.54 Cr | Rs. 387.75 Cr | Rs. 425.38 Cr | + 9.7 % | + 26.77 % |
| EPS in Rs | Rs. 1.25 | Rs. 1.44 | Rs. 1.58 | + 9.72 % | + 26.40 % |
Today, we’re looking at Indian Renewable Energy Development Agency Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 35.57 %. However, it did see a marginal increase of 4.23 % from the previous quarter. Expenses decreased slightly by -9.41 % quarter-on-quarter, aligning with the annual rise of 19.9 %. Operating profit, while up 36.91 % compared to last year, faced a quarter-on-quarter increase of 5.42 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.91 %, but an expansion of 1.05 % sequentially. Other income fell by -36.49 % compared to the last quarter, despite an annual growth of 50.29 %. Interest expenses surged remarkably by 0.2 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.82 %. Depreciation costs climbed by 6.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.05 %. Profit before tax grew annually by 39.39 % but saw an increase from the preceding quarter by 17.03 %.
Tax expenses as a percentage of profits increased slightly by 7.86 % compared to last year, with a more notable quarter-on-quarter increase of 5.27 %. Net profit rose by 26.77 % year-on-year but experienced a 9.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.40 % but a quarterly rise of 9.72 %. In summary, Indian Renewable Energy Development Agency Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1252.852 Cr | Rs. 1629.567 Cr | Rs. 1698.469 Cr | + 4.23 % | + 35.57 % |
| Expenses | Rs. 98.88 Cr | Rs. 130.87 Cr | Rs. 118.56 Cr | -9.41 % | + 19.9 % |
| Operating Profit | Rs. 1153.97 Cr | Rs. 1498.7 Cr | Rs. 1579.91 Cr | + 5.42 % | + 36.91 % |
| Net Profit | Rs. 335.54 Cr | Rs. 387.75 Cr | Rs. 425.38 Cr | + 9.7 % | + 26.77 % |
| EPS in Rs | Rs. 1.25 | Rs. 1.44 | Rs. 1.58 | + 9.72 % | + 26.40 % |
In reviewing Indian Renewable Energy Development Agency Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.57 % year-on-year growth, however, there was a minor increase of 4.23 % from the previous quarter. Expenses rose by 19.9 % compared to the previous year, with a decrease of -9.41 % quarter-on-quarter. Operating Profit surged by 36.91 % annually, and saw a 5.42 % increase from the last quarter.
Net Profit showed yearly increase of 26.77 %, and experienced a 9.7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.40 % annually, however rose by 9.72 % compared to the last quarter. In essence, while Indian Renewable Energy Development Agency Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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