IREDA Q1FY26 result

Q1FY26 result: Net profit drops 36%, revenue grows to ₹1,948 crore. The Indian Renewable Energy Development Agency (IREDA) reported a 36% decline in its consolidated net profit for the April-June quarter of the financial year 2025-26 at ₹247 crore. The company had reported a net profit of ₹383.7 crore in the corresponding quarter last fiscal year. The Maharatna PSUs total revenue from operations, however, saw a 29% growth in Q1 FY26 at ₹1,947.6 crore in contrast to ₹1,510.27 crore in the same quarter the previous year. IREDA’s net interest income (NII) increased 36.02% during the reporting quarter to ₹691 crore as against ₹508 crore in Q1 FY25. The company’s loan book rose 26% to ₹79,941 crore year-on-year (YoY) as compared to ₹63,207 crore in the same quarter last year. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations