IREDA has set April 2, 2026, as the record date to ascertain shareholder eligibility for the interim dividend. The company stated that the dividend will be disbursed within 30 days of its announcement. The board of directors approved the interim dividend during its meeting held today.
Third Quarter Results
The Indian Renewable Energy Development Agency reported a 37.5% year-on-year increase in net profit for the quarter ending December 31, 2025 (Q3 FY26), reaching ₹584.9 crore, up from ₹425.4 crore for the same quarter last year.
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The company’s revenue from operations soared by 38% to ₹2,140 crore, compared to ₹1,699 crore in the same period last year. Net interest income (NII) rose by 34.8% to ₹897.5 crore, up from ₹665.8 crore in Q3 FY25.
Pradip Kumar Das, the company’s CMD, remarked, “IREDA’s robust financial results this quarter underline our commitment to fostering India’s renewable energy transition. The rise in loan disbursements, net worth, and profitability highlights the confidence our stakeholders have placed in us.”
The company’s loan book increased by 28% in Q3, reaching ₹87,975 crore, up from ₹68,960 crore in the same quarter last year. Disbursements surged by 32% to ₹9,860 crore, compared to ₹7,449 crore in October-December FY25. Additionally, net worth rose to ₹13,537 crore, showing a 38% growth from ₹9,842 crore.
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The company previously disclosed several key business metrics in an update shared on January 1 this year. According to the latest update, IREDA’s loan book grew by 27.6% year-on-year to ₹87,975 crore, slightly lower than the 31% growth seen in the first half of this fiscal year.
During the first nine months, IREDA’s disbursements rose by 44.5% to ₹24,903 crore, with sanctions increasing by 29%. In contrast, both metrics saw growth rates of 54% and 86% in the first half, respectively.
Shares of India Renewable Energy Development Agency Ltd closed at ₹119.20, a rise of ₹4.80, or 4.20%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
