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IREDA profit up 9% at Rs 147 cr in H1FY16

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Press Trust of India New Delhi
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.

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First Published: Nov 24 2015 | 8:43 PM IST

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