IREDA profit up 9% at Rs 147 cr in H1FY16

Indian Renewable Energy Development Agency (IREDA) today announced that it has posted a 9 per cent increase in profit to Rs 147.12 crore for the first half of the fiscal ended September 30.
The company had recorded a standalone net profit of Rs 134.66 crore in the same period a year ago, IREDA said in a regulatory filing.
Interest income increased to Rs 561.74 crore in the six-month period ended September 30 from Rs 511.61 crore in the same period last year.
IREDA promotes and extends financial assistance for renewable energy and energy efficiency or conservation projects.