Indian Renewable Energy Development Agency standalone net profit rises 26.90% in the March 2015 quarter

Sales rise 19.16% to Rs 532.51 crore

Net profit of Indian Renewable Energy Development Agency rose 26.90% to Rs 160.43 crore in the quarter ended March 2015 as against Rs 126.42 crore during the previous quarter ended March 2014. Sales rose 19.16% to Rs 532.51 crore in the quarter ended March 2015 as against Rs 446.89 crore during the previous quarter ended March 2014.

For the full year,net profit rose 22.69% to Rs 295.09 crore in the year ended March 2015 as against Rs 240.51 crore during the previous year ended March 2014. Sales rose 23.46% to Rs 1044.00 crore in the year ended March 2015 as against Rs 845.59 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales532.51446.89 19 1044.00845.59 23 OPM %78.1880.84 -83.8180.29 - PBDT218.63174.84 25 423.32343.62 23 PBT214.81173.17 24 417.77340.31 23 NP160.43126.42 27 295.09240.51 23

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