State-owned Indian Renewable Energy Development Agency (Ireda) has reported a slight increase in its standalone net profit, reaching ₹554 crore for the September quarter. This marks an increase from ₹549 crore in the same quarter of the previous financial year.

Financial Highlights

  • Revenue from operations rose by 14% to ₹2,345 crore, up from ₹2,057 crore a year earlier.
  • Loan disbursement surged by 31% to ₹10,579 crore, compared to ₹8,062 crore in the corresponding quarter last year.
  • The loan book expanded by 15%, growing to ₹97,411 crore from ₹84,477 crore in Q2 FY26.
  • The company's net worth increased by 11% to ₹14,337 crore, up from ₹12,920 crore a year ago.