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IREDA’s Loan Approvals for Renewables Swell by 89% QoQ in Q2 FY23

The company's profit for the second quarter dropped by 19%

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Indian Renewable Energy Development Agency (IREDA) has posted a profit of ₹1.84 billion (~$22.83 million) in the second quarter (Q2) of the financial year (FY) 2023, marking an increase of 67% compared to ₹1.10 billion (~$13.65 million) during the same period last year.

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