IREDA shares surge 125% YTD following strong Q2 earnings report

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IREDA's net profit surges 36% YoY to ₹387.75 crore amid revenue growth

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Total income from operations for IREDA jumps 38% YoY to ₹1,630.38 crore

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IREDA's Net Interest Income (NII) rises 52% YoY to ₹546.8 crore

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IREDA stock trades higher at ₹236.43 on the NSE

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IREDA stock soars 125% YTD, outperforming Nifty's 14% returns

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IREDA's loan book grows 35.88% YoY to ₹64,564 crore in Q2

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IREDA maintains a gross NPA of 2.19% and a net NPA of 1.04%

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IREDA's debt-equity ratio slightly increases to 5.85x from 5.83x

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IREDA receives approval to establish a wholly-owned subsidiary for retail business

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IREDA stock has risen 293% since listing, quadrupling investors' capital compared to Nifty's 26% growth

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