News > IREDA's impressive Q1 performance: 383% increase in loan sanctions, 68% rise in disbursements and loan book hits Rs. 63,150 crore

IREDA's impressive Q1 performance: 383% increase in loan sanctions, 68% rise in disbursements and loan book hits Rs. 63,150 crore

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a remarkable performance for Q1 ended 30 June. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. During the first quarter of FY 2024-25, IREDA sanctioned loans amounting to Rs. 9,136 crore, a 382.62% growth compared to the corresponding quarter of the previous fiscal year.