“This has been driven by consistent growth in the Loan Book and a significant reduction in Net Non-Performing Assets (NPAs) from 2.72 per cent to 1.65 per cent year-on-year,” IREDA Chairman & Managing Director Pradip Kumar Das said.
Other key financial highlights include total income from operations at Rs 1,176.96 crore as against Rs791.56 crores in the previous year(up by 49 per cent), loan book at Rs 47,514.48 crore as against Rs33,783.36 crores (up by 41 per cent), and net worth at Rs 6,580.61 crore as against Rs5,638.31 crore (up by 17 per cent).
Net NPAs were at 1.65 per cent as against 2.72 per cent (reduction by 39 per cent), and Gross NPAs at 3.13 per cent as against 5.06 per cent (reduction by 38 per cent)
–Ajit Weekly News
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News Credits – I A N S
