In Short : IREDA reported a 49% rise in operating profit to ₹581 crore for Q1 FY25, while total income grew 30% to ₹1,401 crore. Net profit increased 26% to ₹335 crore. The strong performance was driven by robust loan disbursements and growing demand for renewable energy financing, reflecting IREDA’s continued focus on supporting India’s green energy sector.
In Detail : Indian Renewable Energy Development Agency Ltd. (IREDA) announced its Audited Standalone and Consolidated Financial Results for Q1 FY 2025-26 today, reporting a 49% year-on-year growth in operating profit and 30% rise in total income from operations.
Reinforcing its industry leadership, IREDA published its audited quarterly results within just 10 days— setting a benchmark for efficiency and transparency.
The Board of Directors, in a meeting held today, commended the company’s robust performance and approved the results.
Key Financial Highlights (Standalone) – Q1 FY 2025-26 vs Q1 FY 2024-25:
- Operating Profit: ₹677 crore vs ₹454 crore (↑49%)
- Total Income from Operations: ₹1,960 crore vs ₹1,511 crore (↑30%)
- Net Worth: ₹12,042 crore vs ₹9,110 crore (↑36%)
- Loan Book: ₹79,941 crore vs ₹63,207 crore (↑26%)
- Loan Sanctions: ₹11,740 crore vs ₹9,136 crore (↑29%)
- Loan Disbursements: ₹6,980 crore vs ₹5,325 crore (↑31%)
Commenting on the performance, Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, said, “Our expanding loan book and net worth reflect our strategic focus and robust operations. IREDA supports India’s renewable energy journey with a growing portfolio and strong performance, committed to a sustainable future through innovation and responsible finance.”
Shri Das lauded Team IREDA’s commitment and expressed gratitude to Hon’ble Union Minister of New & Renewable Energy; Hon’ble Minister of State of New & Renewable Energy; Secretary, MNRE; senior officials of the ministry; and the Board of Directors for their continuous support.
