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saurabh mittal

14th Oct · SEBI-Registered Analyst

Indian Renewable Energy Dev Agency Ltd reported a robust Q2 FY26 performance

IREDA
reported a robust Q2 FY26 performance, with a 41% rise in net profit to ₹549 crore, marking a significant increase from ₹388 crore in the same period last year. The company's revenue from operations also grew by 26% to ₹2,057 crore. IREDA's loan sanctions soared 145% to ₹21,408 crore, while disbursements increased by 81% to ₹8,062 crore, and the loan book expanded 31% to ₹84,477 crore. The company's net worth increased by 38% to ₹12,920 crore. These results highlight IREDA's strategic focus on supporting India's renewable energy goals and its role as a key enabler in the sector

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