New Delhi, July 31, 2025 — Indian Renewable Energy Development Agency (IREDA) has
reported a consolidated net profit of ₹510.73 crore for the first quarter of FY26, marking a
24% increase from ₹412.87 crore in the same period last year. The growth was driven by
higher interest income and a robust loan portfolio expansion.
Total income for the quarter rose to ₹1,644.93 crore, compared to ₹1,423.06 crore in Q1
FY25. Interest income contributed the bulk of earnings, climbing to ₹1,620.62 crore from
₹1,405.52 crore last year.
The company’s loan book stood at ₹63,775 crore as of June 30, 2025, up from ₹52,030 crore
a year earlier, reflecting strong demand for renewable energy project financing.
Disbursements during the quarter touched ₹5,785 crore.
Finance costs increased to ₹961.02 crore from ₹851.84 crore due to higher borrowings, while
operating expenses were ₹61.06 crore, marginally higher than ₹54.51 crore last year.
Earnings per share improved to ₹0.76 from ₹0.62 in Q1 FY25.
IREDA continues to play a key role in financing India’s clean energy transition, with the
management reiterating its focus on expanding funding support for solar, wind, hydro, and
emerging green technologies.
