New RBI Grade B Notification Coming Soon... Prepare with Us!! Click here to enroll

    Register

    Question

    What significant milestone did IREDA achieve in its annual financial results for FY 2023 - 24?

    A Reported a loss for the first time in a decade. Correct Answer Incorrect Answer
    B Decreased its loan book by 20%. Correct Answer Incorrect Answer
    C Achieved an all-time high annual Profit After Tax (PAT) and reduced its Net NPAs below 1%. Correct Answer Incorrect Answer
    D Cut its workforce by 50%. Correct Answer Incorrect Answer
    E Merged with another renewable energy company. Correct Answer Incorrect Answer

    Solution

    IREDA reported an all - time high annual Profit After Tax ( PAT ) of Rs . 1,252 . 23 crores for FY 2023 - 24 and significantly reduced its Net Non - Performing Assets ( NPAs ) to 0 . 99 %.

    Practice Next

    Relevant for Exams:

    ×
    ×