IREDA Gets Nod For Retail Business: What It Means, How Will It Impact The Company & More?

Описание: Indian Renewable Energy Development Agency Ltd. will likely see its earnings grow steadily in the upcoming quarters as loan sanctions have been rising in the second and the previous quarter, according to a top executive. The energy sector financing firm has been "growing phenomenally" in the last 18 quarters, Pradip Kumar Das, chairman and managing director told NDTV Profit. "In every quarter we are setting a benchmark for ourselves," he said. Loan sanctions have considerably spiked in this period and, certainly, the execution is going to happen for this quarter and the last one, Das said. "Since our sanction has gone up, we are confident that we are going to further improve in the third and fourth quarters," he added.

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