IREDA Share Price In Focus After Firm Reports 15% YoY Surge In Net Profit

IREDA Share Price: Shares of Indian Renewable Energy Development Agency Limited (IREDA) will remain in focus during Monday's trading session, after the company reported 15% annual surge in its net profit during the third quarter of financial year 2025-26.

IREDA shares closed 3% lower at Rs 136.65 per share on BSE with a market capitalisation of Rs 38,388.15 crore.

IREDA Q3 Result

The state-owned Navratna firm reported a nearly 15.4% year-on-year surge in its consolidated net profit to Rs 1,381.36 crore. The company's revenue from operations during the third quarter surged around 28.2% to Rs 6041.82 crore against Rs 4,714.25 crore reported in the year ago period.

Across the nine months to 31 December 2025, revenue from operations stood at Rs 6,135 crore. This marked a 27% year-on-year rise from Rs 4,838 crore in the previous year's corresponding period. Profit before tax increased to Rs 1,718 crore, up 17% from Rs 1,474 crore.

During the same nine-month span, profit after tax reached Rs 1,381 crore, compared with Rs 1,197 crore a year earlier. That translated into 15% year-on-year growth in PAT, highlighting improved earnings as the lender scaled up its clean energy financing portfolio and related activities.

IREDA Loan Growth

According to the company's investor presentation, loan sanctions for the nine-month period rose 29% year-on-year. Sanctions moved to Rs 40,100 crore, against Rs 31,087 crore in the corresponding months of the previous year. Loan disbursements jumped 44% year-on-year to Rs 24,903 crore.

Disbursements during the nine months ended December 2024 had totalled Rs 17,236 crore, indicating much faster deployment of funds in 2025. The growth in sanctions and disbursements pointed to strong demand for finance from renewable developers, ethanol projects, and energy-related manufacturing units supported by IREDA.

The company's loan book exposure was dominated by companies in the solar thermal and SPV projects. Additionally, state utilities, wind, hydro, ethanol and hybrid projects.

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