IREDA Q1 results: Navratna PSU's profits decline 35% YoY to ₹246.68 crore. Check details

IREDA Q1 results: The Indian Renewable Energy Development Agency (IREDA) announced the results for the April to June quarter on Thursday, July 10. The state-owned company's net profits declined 35.1% per cent to ₹246.68 crore in the first quarter of FY26, compared to ₹383.7 crore in the same quarter of the previous year.

The Navaratna PSU's revenue from operations rose nearly 29 per cent to ₹1,947.29 crore for the quarter ended on June 30, 2025, compared to ₹1,510.27 crore in the same quarter the previous year.

The total expenses of IREDA for the first quarter of FY26 surged by 37 per cent to ₹1,654.9 crore compared to ₹1,034.96 crore in the same period a year ago.

Indian Renewable Energy Development Agency (IREDA) shares closed 2.26 per cent higher at ₹169.65 after Thursday's market session. The state-owned company announced the results after market closing hours on Thursday.

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