Skip to main content

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
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Gujarat's Green Ambaji Plantation Drive: 50,000 Saplings to Be Planted Across 20 Hectares in Aravalli Ranges
Gujarat's Green Ambaji Plantation Drive: 50,000 Saplings to Be Planted Across 20 Hectares in Aravalli Ranges
bhupendra cm
Bhupendra Patel’s US, Canada Visit for Vibrant Gujarat 2027: First Gujarat CM Tour in 25 Years
JVVNL-HCL Arbitration Dispute
Former SC Judge Fights Back After Rajasthan HC Slams Tribunal, Reduces Arbitration Fees
Jodhpur Premises Safety Trial
₹316 Crore Rajasthan High Court Building Red-Flagged Over Safety Risks, Court Orders Immediate Measures
India Defence Modernisation
Explained: How Agni MIRV, Rudram-II and Pinaka Are Transforming India's Military Power
Acoustic Anti-Drone System
Meet Acoustic Anti-Drone System That Can Neutralise Drones Without Bullets, Lasers or Jamming
India-Australia Space Cooperation
India-Australia Space Cooperation Signals New Era for Global Space Exploration
DRDO NETRA-2026 Seminar
What Is Electronic Warfare? Key Takeaways From DRDO NETRA-2026 Seminar
ADVERTISEMENT
ADVERTISEMENT
Videos
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
Sumit Ramteke tn
IPS Sumit Ramteke on the Cases That Changed His Career and Shook Organized Crime | Video Interview
How NAFED is Strengthening Farmers, Markets and Food Security
How NAFED is Strengthening Farmers, Markets and Food Security
ADVERTISEMENT
UPSC Stories
Prachi Jain
A Failed Prelims, A Fractured Leg & One More Shot: How Prachi Jain Made AIR 714
Prachi Jain secured AIR 714 in UPSC CSE 2025 after setbacks, injury and two interviews, and now prepares...
Abhay Pratap Singh UPSC CAPF 2025
From 10 SSB Setbacks to UPSC CAPF AIR 191: Abhay Pratap Singh’s Journey in Uniform
After 10 SSB setbacks, postal department job and two CAPF attempts, Abhay Pratap Singh cleared UPSC CAPF...
From Engineering Desks to the Uniform: The Inspiring Journeys of UPSC CAPF 2025’s Top 5 Toppers
From Engineering Desks to the Uniform: The Inspiring Journeys of UPSC CAPF 2025’s Top 5 Toppers
Sheershoo Deb, Aryan Sheoran, Akanksha Vishwakarma, Rohan and Harsh Shankarlal Solanki prove that there...
CSR NEWS
CSR TIMES Awards
NLC India Bags Gold at CSR TIMES Awards 2026 for Over 150 Rural Infrastructure Projects 
NLCIL recognised in the Rural & Infrastructure Development category after implementing over 150 projects...
Project Bright Horizon
HPCL, Assam Rifles and Antogattva Foundation Sign MoU to Launch Project Bright Horizon in Northeast
Project Bright Horizon aims to directly impact 1,500 people and benefit 2,500 more through better learning,...
CMPDI CSR
CMPDI Partners with Frontline Global Services to Train 60 Jharkhand Youth Under CSR Initiative
 CMPDI will invest ₹73.62 lakh to provide residential Phlebotomy Technician training, helping unemployed...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Gujarat's Green Ambaji Plantation Drive: 50,000 Saplings to Be Planted Across 20 Hectares in Aravalli Ranges
Gujarat's Green Ambaji Plantation Drive: 50,000 Saplings to Be Planted Across 20 Hectares in Aravalli Ranges
bhupendra cm
Bhupendra Patel’s US, Canada Visit for Vibrant Gujarat 2027: First Gujarat CM Tour in 25 Years
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Shakeel Ahmad Ganie IRS Interview
Sumit Ramteke tn
How NAFED is Strengthening Farmers, Markets and Food Security
ADVERTISEMENT
ADVERTISEMENT