PSU IREDA (Indian Renewable Energy Development Agency Ltd.) announced its audited standalone and consolidated financial results for Q1 FY 2025-26, showcasing a 49% year-on-year increase in operating profit and a 30% rise in total income from operations. Notably, IREDA has published its quarterly results within just 10 days, setting a new benchmark for efficiency and transparency in the public sector.
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Commendation from Board of Directors
The results were approved in a meeting of the Board of Directors held today, where the Board lauded IREDA’s robust financial performance and acknowledged its growing leadership in renewable energy financing.
Key Financial Highlights (Standalone): Q1 FY 2025-26 vs Q1 FY 2024-25
- Operating Profit: Rs. 677 crore vs Rs. 454 crore (↑ 49%)
- Total Income from Operations: Rs. 1,960 crore vs Rs. 1,511 crore (↑ 30%)
- Net Worth: Rs. 12,042 crore vs Rs. 9,110 crore (↑ 36%)
- Loan Book: Rs. 79,941 crore vs Rs. 63,207 crore (↑ 26%)
- Loan Sanctions: Rs. 11,740 crore vs Rs. 9,136 crore (↑ 29%)
- Loan Disbursements: Rs. 6,980 crore vs Rs. 5,325 crore (↑ 31%)
CMD’s Remarks
Commenting on the Q1 performance, Mr. Pradip Kumar Das, Chairman & Managing Director, IREDA, stated,
“Our expanding loan book and net worth reflect our strategic focus and robust operations. IREDA supports India’s renewable energy journey with a growing portfolio and strong performance, committed to a sustainable future through innovation and responsible finance.”
Mr. Das also expressed appreciation for Team IREDA’s dedication and extended gratitude to the Hon’ble Union Minister and Minister of State for New & Renewable Energy, Secretary (MNRE), and the Board of Directors for their continued support.
With these results, IREDA continues to strengthen its position as a key pillar in India’s clean energy transition, delivering both financial growth and environmental impact.
About IREDA
IREDA, a government-owned non-banking financial institution under the Ministry of New and Renewable Energy, is dedicated to promoting and financing renewable energy and energy efficiency projects across India. Formed in 1987, IREDA is a Navratna organisation owned by the Government of India and administratively controlled by the Ministry of New and Renewable Energy (MNRE).
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