New Enroll in RBI Grade B New Batch - Starts on May 21

    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 %.

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