The Indian Renewable Energy Development Agency (IREDA) has announced its financial results for the quarter and nine-month period ending December 31, 2025, reflecting consistent growth in revenue and profitability amid expanding renewable energy financing activity.

Quarterly Standalone Performance (Q3 FY26)

For the third quarter of FY26, IREDA reported revenue from operations of ₹2,101.97 crore, pointing to sustained business momentum. The total income for the quarter reached ₹2,139.60 crore, driven primarily by stable interest earnings and operational inflows.

Profit from continuing operations stood at ₹584.91 crore during the quarter, highlighting resilient earnings despite market fluctuations and elevated operating expenses. The financial results reinforce the organisation’s capability to deliver profitability while scaling up its clean energy lending portfolio.

Nine-Month Standalone Results (April–December 2025)

During the nine months ended December 31, 2025, IREDA recorded revenue from operations of ₹6,040.86 crore, significantly higher than ₹4,714.25 crore reported in the same period of the previous year. Total income rose to ₹6,156.57 crore, reflecting stronger loan disbursements and enhanced income generation.

Net profit for the nine-month period stood at ₹1,380.58 crore, signalling sustained earnings growth over the financial year.

Consolidated Performance Overview

On a consolidated basis, revenue from operations for the December 2025 quarter was reported at ₹2,102.29 crore, closely aligning with standalone results. Total income amounted to ₹2,139.92 crore, indicating marginal variance across group entities.

Consolidated profit for the quarter came in at ₹585.16 crore, reflecting stable performance at the subsidiary level as well.

For the nine-month period, consolidated revenue from operations increased to ₹6,041.82 crore from ₹4,714.25 crore in the corresponding previous year period. Total consolidated income reached ₹6,157.61 crore, while profit for the period rose to ₹1,381.36 crore, supported by higher lending activity to renewable energy projects.

Growth Drivers and Outlook

IREDA’s growth continues to be propelled by increasing investment in renewable energy, supportive policy measures, and a strong pipeline of green infrastructure projects across solar, wind, and hybrid power segments. A robust balance sheet and strategic focus on priority sustainability sectors are expected to further enhance revenue visibility and profitability going forward.

Summary

IREDA delivered healthy financial results for Q3 FY26, with both standalone and consolidated figures showing steady increases in revenue and profit. Strong demand for renewable energy financing, government policy support, and expanding project pipelines contributed to the company’s performance. Earnings for both the quarter and nine-month period underline consistent growth momentum in India’s clean energy financing landscape.

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