India’s Clean Energy Momentum Strengthens with IREDA’s Impressive Q2 FY26 Progress: Union Minister Shri Pralhad Joshi
India’s Clean Energy Momentum Strengthens with IREDA’s Impressive Q2 FY26 Progress: Union Minister Shri Pralhad Joshi
Q2 Results: IREDA Posts 41% Rise in Net Profit, 81% Growth in Loan Disbursements
Union Minister for New and Renewable Energy, Shri Pralhad Joshi, highlighted that India’s clean energy journey continues to gain strong momentum, driven by the impressive Q2 FY26 performance of Indian Renewable Energy Development Agency (IREDA). He noted that, IREDA is fostering sustainable growth and self-reliance in the renewable energy sector, lighting up India’s future and inspiring collective efforts toward a greener and brighter tomorrow, with passion and purpose.
Indian Renewable Energy Development Agency Ltd. (IREDA) today announced its audited financial results for the quarter and half year ended September 30, 2025, continuing its trajectory of robust growth and operational excellence.
The Board of Directors in its meeting held today approved the audited financial results. IREDA has registered significant year-on-year growth across key financial metrics. The company’s expanding loan book, rising net worth, and consistent profitability underscore its strategic focus and commitment to supporting India’s renewable energy ambitions.
Key Financial Highlights – Q2 FY 2025-26 vs Q2 FY 2024-25 (Standalone):
- Loan Sanctions: ₹21,408 crore vs ₹8,724 crore (↑145%)
- Loan Disbursements: ₹8,062 crore vs ₹4,462 crore (↑81%)
- Loan Book: ₹84,477 crore vs ₹64,564 crore (↑31%)
- Net Worth: ₹12,920 crore vs ₹9,336 crore (↑38%)
- Profit After Tax: ₹549 crore vs ₹388 crore (↑41%)
- Revenue from Operations: ₹2,057 crore vs ₹1,630 crore (↑26%)
Commenting on the Q2 performance, Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, stated, “IREDA’s consistent growth across quarters underscores our strategic focus and execution excellence. Our expanding loan book and strong financials are a testament to the trust placed in us by stakeholders and highlight our role as a key enabler in India’s clean energy ecosystem.”
Shri Das also expressed appreciation for Team IREDA’s efforts and extended gratitude to the Hon’ble Union Minister for New & Renewable Energy; Hon’ble Minister of State for New & Renewable Energy; Secretary, MNRE; senior ministry officials; and the Board of Directors for their continued support.
