Home Market News IREDA Q3 net profit jumps 38% to ₹585 crore, NII surges 35% at ₹898 crore
While disbursements jumped 32% to ₹9,860 crore, from ₹7,449 crore in October-December FY25. The net worth increased to ₹13,537 crore from ₹9,842 crore, a 38% rise.
State-owned Indian Renewable Energy Development Agency Ltd (IREDA) on Friday (January 9) reported a 37.5% year-on-year increase in net profit for the quarter ended December 31, 2025 (Q3 FY26), rising to ₹584.9 crore from ₹425.4 crore in the same period last year.
The company’s revenue from operations surged 38% to ₹2,140 crore, from ₹1,699 crore in the same period a year ago. Net interest income (NII) grew 34.8% to ₹897.5 crore, compared with ₹665.8 crore in Q3 FY25.
The company’s CMD, Pradip Kumar Das, said, “IREDA’s strong financial performance this quarter reflects our commitment to accelerating India’s renewable energy transition. The growth in loan disbursements, net worth and profitability underscores the trust placed by our stakeholders.” The company’s loan book rose 28 per cent in Q3 to ₹
87,975 crore from Rs 68,960 crore in the year-ago quarter.
While disbursements jumped 32% to ₹9,860 crore, from ₹7,449 crore in October-December FY25. The net worth increased to ₹13,537 crore from ₹9,842 crore, a 38% rise.
The company has already disclosed some of its key business metrics in an update shared on January 1 this year. As per the latest update, IREDA’s loan book grew by 27.6% from last year to ₹87,975 crore, which is marginally lower than the 31% at which the loan book grew in the first half of this fiscal.
IREDA’s disbursements grew by 44.5% during the first nine-months of the year to ₹24,903 crore, while sanctions grew by 29%. Both these metrics grew by 54% and 86% in the first half, respectively.
Shares of India Renewable Energy Development Agency Ltd ended at ₹137.10, down by ₹4.08, or 2.89%, on the BSE.
First Published:
Jan 9, 2026 5:03 AM
IST