IREDA's Profit Surge: Powering India’s Renewable Future

IREDA reported a 41% increase in net profit, reaching Rs 549 crore in the September quarter, fueled by enhanced income. The company, a key player in India's renewable energy sector, saw a notable rise in its loan book and loan sanctions, emphasizing its financial growth and strategic focus.

State-owned IREDA announced a 41% increase in standalone net profit reaching Rs 549 crore for the September quarter, primarily attributed to higher income levels.

In the same period last fiscal year, IREDA's net profit stood at Rs 388 crore, according to a company statement released on Tuesday.

The organization, operating under the Ministry of New & Renewable Energy, also reported a robust 26% rise in revenues from operations, hitting Rs 2,057 crore compared to the previous year's Rs 1,630 crore.

Loan book expansion was noted at 31%, totaling Rs 84,477 crore from Rs 64,564 crore, alongside an impressive 145% increase in loan sanctions amounting to Rs 21,408 crore during the second quarter.

Disbursements also surged by 81% to Rs 8,062 crore as of September 30, 2025, demonstrating IREDA's pivotal role in promoting India's clean energy initiatives.

The company's net worth increased by 38% to Rs 12,920 crore, which underscores IREDA's strategic efficacy in India's green energy sector, cementing its position as a non-banking financial company focused on renewable energy projects.

(With inputs from agencies.)