IREDA Q3 results: Navratna company Indian Renewable Energy Development Agency (IREDA) announced its third quarter results on Friday. In this quarter ending December 31, 2025, the net profit of the company has increased by 37.5 percent as compared to the same period last year, which has increased from Rs 425.4 crore to Rs 584.9 crore.
During this period, the company’s revenue from operations increased by 38 percent to Rs 2,140 crore, which was Rs 1,699 crore in the same period last year. Net Interest Income (NII) has also improved, which has increased by 34.8 percent to Rs 897.5 crore, whereas it was Rs 665.8 crore in Q3 FY25.
How much profit is left after paying tax?
During this period, the company’s profit before tax (PBT) increased to Rs 1,718 crore, which is 17 percent more than Rs 1,474 crore in the same period last year. Meanwhile, profit after tax (PAT) stood at Rs 1,381 crore, which is 15 per cent higher than Rs 1,197 crore reported for the nine months ending December 2024.
According to the company’s investor presentation, IREDA’s loan sanction also increased by 29 percent on an annual basis to Rs 40,100 crore, which was Rs 31,087 crore in the same period last year. Meanwhile, loan disbursement jumped 44 percent year-on-year to Rs 24,903 crore, compared to Rs 17,236 crore in the nine-month period ending December 2024.
Amazing improvement in company’s performance
The company’s CMD Pradeep Kumar Das said, “IREDA’s strong financial performance this quarter reflects our commitment towards accelerating India’s renewable energy transition. The surge in loan disbursements, net worth and profitability reflects the confidence of our stakeholders.”
The company’s loan book increased by 28 percent to Rs 87,975 crore in Q3, which was Rs 68,960 crore in the same quarter last year. In the October-December period of FY25, disbursement increased by 32 percent to Rs 9,860 crore, which was earlier Rs 7,449 crore. Net worth increased by 38 percent from Rs 9,842 crore to Rs 13,537 crore.
Shares of India Renewable Energy Development Agency Limited closed at Rs 137.10 on BSE on Friday, a decline of Rs 4.08 or 2.89 per cent.
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