Ireda net profit grows to Rs 554 cr in Sep qtr
Indian markets moved higher in a quarterly results development for FY27.
· ET Stocks, Economic Times Markets
Ireda has announced a net profit of Rs 554 crore for the September quarter of FY27, reflecting a robust financial performance. Revenue from operations increased by 14%, totaling Rs 2,345 crore. Additionally, loan disbursements surged by 31%, reaching Rs 10,579 crore.
Key facts
- Period
- FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Why it matters
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- Sector exposure: Financial Services.
- The immediate tone of coverage reads positive.
In this story
Related coverage
Ireda Q2 net profit edges up at ₹554 crore, loan disbursements rise 31%
Bajaj Finance Q2 preview: Profit may jump 29%, NII 24% as strong loan growth lifts earnings
Q2 Results Live: Union Bank Net Profit Zooms 30% YoY To Rs 5,537 Crore; HFCL Revenue More Than Doubles YoY
Q2 Results Live: Piramal Finance Net Profit Surges 65% ; Hindustan Zinc Net Profit Up 17%
Waaree Renewable Technologies Q2 net profit falls over 29% to ₹81 crore