IREDA share price: Navratna PSU stock dips 4% after Q1 results 2025. Opportunity to buy?
IREDA share price: After the announcement of Q1 results 2025 on Thursday evening, the Navratna stock witnessed heavy selling in the early morning deals on Friday. IREDA shares opened with a downside gap at ₹161 apiece on the NSE and touched an intraday low of ₹160 per share within a few minutes of the Opening Bell, logging over 4 per cent dip against the previous day’s close of ₹169.64 per share.
IREDA Q1 results 2025
The Navratna PSU declared its first quarter results for the financial year 2025-26 on Thursday evening. In the April to June 2025 quarter, the state-owned company’s net profits declined 35.1% per cent to ₹246.68 crore, compared to ₹383.7 crore in the same quarter of the previous year.
IREDA’s revenue from operations rose nearly 29 per cent to ₹1,947.29 crore for the quarter ended on June 30, 2025, compared to ₹1,510.27 crore in the same quarter the previous year.
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