https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Result: IREDA Reports 41% Profit Surge in Q2 FY26; Loan Sanctions Jump 145%, India’s Clean Energy Drive Accelerates

India’s Renewable Push: IREDA Posts Strong Q2 FY26 Results with 81% Rise in Disbursements
Indian Masterminds Stories

New Delhi: In a strong testament to India’s growing momentum in the renewable energy sector, the Indian Renewable Energy Development Agency Ltd. (IREDA) has announced stellar financial results for the second quarter (Q2) of FY 2025-26, recording a 41% year-on-year increase in net profit and an 81% growth in loan disbursements.

The results were approved in a meeting of IREDA’s Board of Directors held on October 14.

Union Minister Prahlad Joshi Applauds IREDA’s Contribution to India’s Green Future

Union Minister for New and Renewable Energy, Shri Pralhad Joshi, lauded IREDA’s performance, noting that the agency continues to play a pivotal role in fostering self-reliance, sustainable development, and clean energy transformation in India.

“IREDA is lighting up India’s future and inspiring collective efforts toward a greener and brighter tomorrow, with passion and purpose,” said the Minister.

Read Also: IREDA Reports 86% Surge in Loan Sanctions in H1 FY 2025-26, Boosts Clean Energy Financing

Key Financial Highlights – Q2 FY26 (Standalone)

Strategic Growth Driven by Execution Excellence

Commenting on the quarterly performance, Mr Pradip Kumar Das, Chairman & Managing Director of IREDA, emphasized the agency’s role in enabling India’s clean energy ambitions –

“IREDA’s consistent growth across quarters underscores our strategic focus and execution excellence. Our expanding loan book and strong financials are a testament to the trust placed in us by stakeholders.”

Mr Das also extended appreciation to Team IREDA and acknowledged the support from the Ministry of New & Renewable Energy (MNRE), including the Union Minister, Minister of State, Secretary, and other senior officials.

Powering the Renewable Future

IREDA’s robust financial performance reflects its growing relevance in India’s transition toward a low-carbon economy. By aggressively supporting renewable energy projects through loan disbursements and financial innovation, the agency is reinforcing India’s goal to meet its ambitious clean energy targets, including 500 GW of non-fossil fuel capacity by 2030.

Following strong Q2 results, shares of IREDA rose 3.7%, hitting an intraday high of ₹155.86 before settling at ₹155.34. The PSU now holds a market capitalisation of ₹43,660 crore. While the stock remains 33.84% below its 52-week high of ₹234.29, it is trading 13% above its 52-week low of ₹137.01.

About IREDA

The Indian Renewable Energy Development Agency (IREDA) is a government-owned “Navratna” financial institution that provides funding for renewable energy projects in India. Functioning as a non-banking financial company (NBFC) under the Ministry of New and Renewable Energy, IREDA is a key force in India’s transition to a green and sustainable energy economy.

IREDA’s core mission is to promote, develop, and extend financial assistance for projects involving new and renewable energy sources, as well as those related to energy efficiency and conservation.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Haridwar land scam
Haridwar Land Scam Explained: Why Uttarakhand Govt Has Not Reinstated Suspended IAS Officers Yet
Tezpur Air Force Station
Explained: Why India Is Acquiring 382.82 Acres in Assam for Tezpur Air Force Station
Supreme Court Endless Hearings Reform
Explained: Why the Supreme Court Is Ending Endless Hearings and What Changes From 2026
Goa-govt-retains-ownership-of-land-natioal
Major IAS, IPS Reshuffle in AGMUT Cadre; SP Akshat Kaushal Moved Out, New Officers Posted to Goa
LBSNAA
Man Reaches LBSNAA With Fake UPSC Result; Police Probe Reveals Gurugram Scam
Income Tax
Government Approves Promotion of 8 IRS Officers of 1990 Batch as Principal Chief Commissioners of Income Tax
CII Delegates Meet CM Yogi
CII Delegates Meet CM Yogi: Uttar Pradesh Becomes Top Choice for Industrial Investment
Uttar-Pradesh-Tribal-Welfare-Dharti-Aaba-Campaign
Uttar Pradesh Govt Ensures 100% Welfare Access Through Family ID System
ADVERTISEMENT
ADVERTISEMENT
Videos
Venu Rajamony
A President, a Teacher, a Father Figure: Venu Rajamony on Working with Pranab Mukherjee
Venu Rajamony
From Newsroom to The Hague: The Many Lives of Diplomat Venu Rajamony
Shakeel Maqbool
When Numbers Guide Governance: The Story of ICAS Officer Shakeel Maqbool
ADVERTISEMENT
UPSC Stories
Neha Prajapati MPPSC
From Farmer’s Daughter to DSP: Neha Prajapati’s Inspiring MPPSC Success Story
From limited resources to Rank 14, Neha Prajapati’s MPPSC journey—from Excise Inspector to DSP—stands...
UPSC Toppers (2021 to 2024)
From Hostels to Headlines: How Persistence Turned Aspirants into India’s Future Leaders (2021-2024)
Not perfection, but persistence—four UPSC Rank 1 toppers reveal how setbacks, silence, and self-belief...
UPSC Toppers 2016 to 2020
Failures, Fear, and Triumph: The Untold Journeys of India’s Youngest UPSC Rank 1 IAS Toppers (2016–2020)
Discover the journeys of UPSC Rank 1 toppers—Durishetty Anudeep, Nandini KR, Kanishka Kataria, Pradeep...
Social Media
One-Horned Rhino Calf
Watch: First One-Horned Rhino Calf of 2026 Takes Birth at Jaldapara National Park, IFS Officer Shares Rare Footage
A newborn one-horned rhinoceros calf was spotted at Jaldapara National Park on January 1, 2026. IFS officer...
venomous banded krait
Rare Night Encounter: IFS Officer Spots Highly Venomous Banded Krait During Forest Patrol, Internet Amazed
An IFS officer’s night patrol video of a highly venomous banded krait has gone viral, highlighting India’s...
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Haridwar land scam
Haridwar Land Scam Explained: Why Uttarakhand Govt Has Not Reinstated Suspended IAS Officers Yet
Tezpur Air Force Station
Explained: Why India Is Acquiring 382.82 Acres in Assam for Tezpur Air Force Station
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Venu Rajamony
Venu Rajamony
Shakeel Maqbool
ADVERTISEMENT
ADVERTISEMENT