📊 IREDA Delivers Strong Q3: Profit Soars, Asset Quality Improves

Indian Renewable Energy Development Agency (IREDA) reported an impressive Q3 FY26 performance marked by strong profitability and improving asset quality. Net profit surged 37.5% YoY to ₹584.9 crore, while Net Interest Income rose 34.8% to ₹897.5 crore, reflecting healthy loan growth and stable margins. The company also posted notable improvement in asset quality. Gross NPA declined to 3.75%, while Net NPA eased to 1.68%, both showing quarter-on-quarter improvement — strengthening IREDA’s balance sheet profile. Outlook: Strong credit demand in the renewable energy segment continues to support growth momentum. #IREDA #RenewableEnergy #GreenEnergy #Q3Results #EarningsUpdate #PSUStocks #CleanEnergy #IndianStockMarket #StockYard #InvestmentNews