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.
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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.
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