News

IREDA Q2 Results FY26 Date: Indian Renewable Energy Development Agency (IREDA) has announced the schedule for its second quarter results. In an exchange filing, the company said that its board will meet next week to consider and approve the financial statements for the July–September quarter of FY 2025–26.

According to the filing dated October 8, IREDA’s board meeting will be held on Tuesday, October 14, 2025, to review and approve the audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

IREDA, a Miniratna (Category-I) PSU under the Ministry of New and Renewable Energy (MNRE), was established in 1987 as a non-banking financial institution. The company primarily provides financial assistance for projects related to new and renewable sources of energy.

Add Zee Business as a Preferred Source

Also Read: Anil Singhvi underlines key Nifty50 & Nifty Bank levels

On Thursday (October 9), IREDA shares ended flat with a positive bias at Rs 149.05, up 0.30 per cent on the NSE.

In its business performance update for Q2 FY26, IREDA reported a strong rise in both loan sanctions and disbursements.

Loans sanctioned: Rs 33,148 crore, up 86 per cent from Rs 17,860 crore in the same quarter last year.

Loan disbursements: Rs 15,043 crore, up 54 per cent from Rs 9,787 crore in Q2 FY25.

This robust growth reflects the company’s expanding portfolio and the increasing demand for renewable energy financing in India.

In the first quarter (April–June 2025), IREDA reported a 36 per cent year-on-year decline in net profit to Rs 247 crore, primarily due to higher expenses. The company had posted a profit of Rs 384 crore in the same period last year.

However, revenue from operations rose to Rs 1,947 crore, up from Rs 1,510 crore in the corresponding quarter of the previous year. Total expenses increased to Rs 1,655 crore from Rs 1,035 crore, while financing costs rose to Rs 1,218 crore from Rs 975 crore.

The company had also reported an impairment on financial instruments of Rs 363 crore, compared to a gain of Rs 30 crore a year earlier.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.