IREDA's FY15 net profit edges up 13% to Rs 272 crore

State-owned IREDA today said the company recorded a 13 per cent increase in its audited net profit at Rs 271.9 crore in 2014-15.

The company had recorded a net profit of Rs 240.51 crore in 2013-14, the Indian Renewable Energy Development Agency said in a BSE filing.

Its total revenue for the period under review stood at Rs 1,118.35 crore compared with Rs 895.40 crore in 2013-14.

The company's earning per share came in at Rs 355.05 in 2014-15 as against Rs 327.29 in 2013-14.

IREDA was established on March 11, 1987 as a public limited government company under the Companies Act, 1956.
 

The company promotes, develops and extends financial assistance for renewable energy and energy efficiency or conservation projects.