New Delhi, April 22 -- IREDA, the nation's largest pure-play green financing NBFC, witnessed an 11.40% surge in its share price during today's early morning trading session, reaching Rs.179 apiece. This increase was fueled by investor enthusiasm following the company's impressive financial performance in Q4FY24 and for the full fiscal year of FY24.

On Friday, post-market hours, the company released its FY24 financial results, achieving an all-time high annual profit after tax (PAT) of Rs.1252.23 crore, marking an impressive growth of 44.83% over the previous fiscal year 2022-23.

Furthermore, the company has successfully reduced its net non-performing assets (NPAs) to 0.99% in FY 2023-24 from 1.66% in FY 2022-23, demonstrating a signific...