IREDA Shines Again: Q2 Revenue Hits ₹20.57 Billion with Robust ₹5.49 Billion Profit

The Indian Renewable Energy Development Agency (IREDA) posted impressive financial results for the quarter ended September 30, 2025, demonstrating its pivotal role in supporting India’s green energy transition. The total revenue from operations grew to Rs 20.57 billion, while net profit stood at Rs 5.49 billion, signaling healthy business growth and operational efficiency.

These results are underpinned by a substantial increase in loan sanctions and disbursements for renewable energy projects, reflecting IREDA’s expanding portfolio and the government’s emphasis on sustainable energy development. The issuance of perpetual bonds and an increased outstanding loan book further strengthened its capital base and financing capacity.

Notable Updates

IREDA’s loan sanctions for April-September FY26 soared by 86%, reaching Rs 33,148 crore compared to Rs 17,860 crore a year ago.​

Loan disbursements increased by 54% to Rs 15,043 crore in the same period, showcasing strong operational momentum.​

The company successfully raised Rs 453 crore through perpetual bonds at a 7.70% interest rate to bolster Tier-I capital for future lending.​

The outstanding loan book stood at Rs 84,445 crore as of September 30, marking a 31% increase year-on-year.​

IREDA’s collaboration with the Ministry of New and Renewable Energy includes performance-based targets promoting sustainable financing and strategic growth.​

Major Takeaways

IREDA’s strong quarterly performance underscores investor confidence and robust demand in India’s renewable energy sector.

Increased loan sanctions and disbursements indicate rapid scaling of clean energy projects nationwide.

The successful bond issue strengthens IREDA’s financial position for continued expansion.

The company’s role as a key financier is critical in India’s pursuit of ambitious green goals.

Continued focus on strategic targets ensures alignment with national renewable energy priorities.

Sources: IREDA official disclosures, Economic Times, CNBC TV18.