https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

IREDA Achieves Highest-Ever Annual Profit as Loan Book Crosses ₹93,000 Crore

IREDA reported its highest-ever annual profit of ₹1,873 crore in FY26, while its loan book crossed ₹93,000 crore and net worth surged 34%.
Indian Masterminds Stories

Indian Renewable Energy Development Agency (IREDA) has reported its highest-ever annual Profit After Tax (PAT) of ₹1,873 crore for the financial year 2025-26, registering a 10% growth over the ₹1,699 crore recorded in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026, at a meeting held at its registered office in New Delhi on May 29.

The Board has also recommended a final dividend of ₹0.75 per equity share, equivalent to 7.5% of the face value of ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting (AGM). Including the interim dividend of ₹0.60 per share already declared, the total dividend for FY26 stands at ₹1.35 per equity share.

The company attributed its strong performance to healthy growth in its loan book, higher operational income, and sustained profitability, reflecting its growing role in financing India’s renewable energy transition.

Also Read – UPSC Stories That Feel Real: Inside IRS Purvi Nanda Vijay’s Book ‘Behind the Scenes’

STRONG GROWTH ACROSS KEY FINANCIAL INDICATORS

IREDA’s total income from operations increased by 23% to ₹8,337 crore in FY26, compared to ₹6,755 crore in the previous financial year. Loan sanctions rose by 9% to ₹51,883 crore, while loan disbursements grew by 16% to ₹34,946 crore.

The company’s loan book expanded significantly by 22%, reaching ₹93,069 crore from ₹76,282 crore in FY25. Its net worth also registered a substantial increase of 34%, rising to ₹13,781 crore from ₹10,266 crore a year earlier. Meanwhile, asset quality improved, with net non-performing assets (NPAs) declining to 1.29% from 1.35%.

Commenting on the performance, IREDA Chairman and Managing Director Pradip Kumar Das said FY26 marked another important milestone in the organisation’s growth journey.

“Surpassing ₹93,000 crore in loan book while delivering our highest-ever annual profit reflects consistent strategy, institutional resilience and an unwavering belief in India’s renewable energy potential. We remain focused on scaling responsibly as India’s green energy transition accelerates,” he said.

Das also expressed gratitude to the Union Minister for New and Renewable Energy, the Minister of State for New and Renewable Energy, the Secretary of the Ministry of New and Renewable Energy (MNRE), the Board of Directors, and Team IREDA for their continued support and contribution to the company’s success.

Also Read – C.V. Anand: The Cricketer Who Walked Off the Pitch to Command Telangana Police


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
ChhattisgarhGovt_resized
Chhattisgarh Govt Transfers 5 IAS Officers, Hemant Ramesh Nandanwar Appointed Director, Technical Education
Kalapipal development projects
MP CM Mohan Yadav Inaugurates ₹30.86 Crore Projects in Kalapipal, Reaffirms UCC Implementation Plan
HOME MINISTRY Swachhata Drive
Centre Orders Major AGMUT Reshuffle: MHA Transfers 21 IAS and 40 IPS Officers Across States & Union Territories
Ramganga–Saryu River Mining Case
Uttarakhand HC Issues Contempt Notices to 3 Senior Forest Officials Over IFS Officer Pankaj Kumar's Transfer
SAIL Rourkela Steel Plant IOCL
SAIL Rourkela Steel Plant Signs MoU with IOCL for 7,500 MT Annual Sulphur Pellet Supply
MP High Court Pregnancy Termination Ruling
MP High Court Directs DGP Kailash Makwana to Issue Fresh Statewide Circular on Written Grounds of Arrest
Bihar_Health
Bihar to Get Advanced CT Scan and Research-Based MRI Facilities as PMCH Patna Upgrades Healthcare Services
Singapore investment
Jharkhand CM Hemant Soren Meets Singapore Envoy to Boost Global Investment and Industrial Growth
ADVERTISEMENT
ADVERTISEMENT
Videos
Haryana Leads India's First AI-Powered Bird Census
Haryana Leads India's First AI-Powered Bird Census
Divyanshu patel
How A Single-Minded Devotion of Divyanshu Patel Transformed Moradabad
IAS Divyanshu Patel Moradabad
The 5 am IAS Officer Who Transformed An Entire City
ADVERTISEMENT
UPSC Stories
ChatGPTImageJul62026at03_08_06P-2
Balancing Job & Dreams: How Jasmeet Kaur Turned Her Father's Dream into Reality with Rank 1 in UK PCS-2024
Jasmeet Kaur secured Rank 1 in the UKPSC-2024 examination after balancing her duties as a District Social...
Rakesh R UPSC IFS 2025
How Tuticorin's Floods Inspired Rakesh R to Join Indian Forest Service 
Discover how UPSC IFS 2025 AIR 85 Rakesh R transformed childhood experiences of Tuticorin floods into...
Abhijeet Patil
At 22, One of India’s Youngest IPS Officers Is Taking on Gangsters and Human Traffickers in Rajasthan
One of India’s youngest IPS officers, 2023-batch Rajasthan cadre officer Abhijeet Tulshiram Patil has...
CSR NEWS
NMDC
NMDC Develops Modern Community Infrastructure in Panna Under CSR Programme for Rural Growth
New Facilities Promote Fitness, Sanitation and Inclusive Public Spaces, Strengthening Sustainable Development...
REC (CSR Initiative)
REC Limited Empowers Women in West Bengal with 600 Sewing Machines Under CSR Initiative
New programme in Bangaon aims to promote self-employment, financial independence, and sustainable livelihoods...
REC
REC Ltd Signs ₹4.22 Crore CSR MoA with IGIAT to Build 100 Smart Classrooms in Assam Government Schools
REC Limited partners with IGIAT to modernise rural education in Lakhimpur and Kaziranga by introducing...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
ChhattisgarhGovt_resized
Chhattisgarh Govt Transfers 5 IAS Officers, Hemant Ramesh Nandanwar Appointed Director, Technical Education
Kalapipal development projects
MP CM Mohan Yadav Inaugurates ₹30.86 Crore Projects in Kalapipal, Reaffirms UCC Implementation Plan
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Haryana Leads India's First AI-Powered Bird Census
Divyanshu patel
IAS Divyanshu Patel Moradabad
ADVERTISEMENT
ADVERTISEMENT