The Indian Renewable Energy Development Agency Limited (IREDA) announced its standalone and consolidated audited financial results for the quarter and half year ended September 30, 2025. The results showed total income from operations of ₹2,057.45 crores in Q2 FY26 compared to ₹1,959.53 crores in Q1 FY26 and ₹1,630.38 crores in Q2 FY25, demonstrating growth both quarter over quarter (QoQ) and year over year (YoY). Net profit after tax rose to ₹549.00 crores in Q2 FY26, up from ₹246.68 crores in Q1 FY26 and ₹387.75 crores in Q2 FY25, indicating a strong profitability improvement. The consolidated results followed a similar pattern with total income from operations at ₹2,057.85 crores and net profit after tax at ₹549.33 crores for the quarter. The board approved these results on October 14, 2025.

The following table summarizes the key financial comparisons for Better clarity:

Indian Renewable Energy Development Agency Limited is a Government of India enterprise focused on financing renewable energy and energy efficiency projects across India. The company has a primary mandate to support sustainable energy initiatives and provides financial assistance to Renewable Energy projects. In 2025, IREDA issued non-convertible debentures worth ₹453 crores through private placement to support these priorities. The company also incorporated a wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Ltd, in Gujarat to extend its finance reach internationally in foreign currencies. IREDA maintained a strong Capital to Risk Asset Ratio (CRAR) of 20.24% as of September 2024, restated to 15.84% due to regulatory changes in risk weight. The company has consistently met its debt service obligations with no defaults during the quarter.

In terms of financial performance for the quarter ending September 2025, IREDA demonstrated robust revenue and profit growth, indicating sustained operational efficiency and market demand. Revenue increased by 5% QoQ and 26% YoY, while net profit after tax grew substantially by 122% QoQ and 42% YoY. The company reported a profit before tax of ₹1,000.70 crores for the quarter, marking solid growth compared to previous periods. Earnings per share (EPS) stood at ₹1.97 per share, up from ₹0.91 per share in the previous quarter and ₹1.44 in the same quarter last year. There are no specific mentions of famous investors in the report, but as a Government enterprise, IREDA plays a key role in India’s national renewable energy financing landscape.

This performance highlights IREDA’s role as a critical enabler in India’s renewable energy transition while maintaining strong fiscal discipline and regulatory compliance in 2025. Its financial health and business expansion plans suggest a promising outlook for continued contribution to sustainable energy growth.