Home Renewable Energy IREDA Q2 Profit Surges 41%

IREDA Q2 Profit Surges 41%

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its audited financial results for the quarter and half year ended September 30, 2025, demonstrating a continuing trajectory of robust growth and operational excellence.

Shri Pradip Kumar Das, Chairman & Managing Director(CMD), IREDA, commented on the impressive performance, stating that the company’s consistent growth across quarters highlights their “strategic focus and execution excellence.”

“Our expanding loan book and strong financials are a testament to the trust placed in us by stakeholders and highlight our role as a key enabler in India’s clean energy ecosystem,” Shri Das said.

CMD Shri Das expressed appreciation for the dedicated efforts of Team IREDA and extended gratitude for the continued support from the Hon’ble Union Minister for New & Renewable Energy, the Hon’ble Minister of State, the Secretary, MNRE, senior ministry officials, and the Board of Directors.

The results underscore CMD Shri Das’s vision and commitment to supporting India’s renewable energy ambitions.

The financial highlights show significant year-on-year expansion across all key metrics, underscoring the company’s crucial role in India’s clean energy ecosystem.

The audited standalone financial results for Q2 FY 2025-26 revealed substantial increases compared to the same quarter last year:

Profit After Tax (PAT) rose by 41% to ₹549 crore from ₹388 crore.

Loan Sanctions saw a massive 145% jump, increasing to ₹21,408 crore from ₹8,724 crore.

Loan Disbursements grew by 81% to ₹8,062 crore from ₹4,462 crore.

The Loan Book expanded by 31% to ₹84,477 crore from ₹64,564 crore.

Revenue from Operations increased by 26% to ₹2,057 crore from ₹1,630 crore.

Net Worth grew by 38% to ₹12,920 crore from ₹9,336 crore.