The country's largest pure-play green financing NBFC also said it has reduced its net non-performing assets (NPAs) from 1.66 per cent in FY 2022-23 to 0.99 per cent in FY 2023-24 from 40.52 per cent. Shows a significant decrease. Year-on-year percentage.
IREDA's loan book has grown by 26.81 per cent from Rs 47,052.52 crore as of March 31, 2023, to Rs 59,698.11 crore as of March 31, 2024. The company has also achieved all-time high annual loan approvals of Rs 37,353.68 crore. Rs 25,089.04 crore in 2023-24, registering an increase of 14.63 per cent and 15.94 per cent over the previous year.
The company's total assets increased by 44.22 per cent to Rs 8,559.43 crore as of March 31, 2024, compared to Rs 5,935.17 crore in the year ended March 31, 2023.
IREDA's loan book has grown by 26.81 per cent from Rs 47,052.52 crore as of March 31, 2023, to Rs 59,698.11 crore as of March 31, 2024. The company has also achieved all-time high annual loan approvals of Rs 37,353.68 crore. Rs 25,089.04 crore in 2023-24, registering an increase of 14.63 per cent and 15.94 per cent over the previous year.
The company's total assets increased by 44.22 per cent to Rs 8,559.43 crore as of March 31, 2024, compared to Rs 5,935.17 crore in the year ended March 31, 2023.