Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹23.45 billion (~$247.33million) in the second quarter (Q2) of the financial year (FY) 2027, up 14% year-over-year (YoY) from ₹20.57 billion (~$216.95 million).IREDA Chairman and Managing Director Bijay Kumar Mohanty attributed the performance to sustained demand for renewable energy financing and the company’s focus on quality growth.
