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Hot Pursuit News

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(01 Oct 2025, 10:23)

IREDA jumps after loan disbursement climbs 54% YoY to Rs 15,043 cr

Indian Renewable Energy Development Agency (IREDA) added 2.18% to Rs 152 after the company’s loan disbursement jumped 54% to Rs 15,043 crore as on 30th September 2025, compared with Rs 9,787 crore as on 30th September 2024.


Loan sanctions during September 2025 stood at Rs 33,148 crore, up 86% as against with Rs 17,860 crore reported in the same period a year ago.

The outstanding loan book stood at Rs 84,445 crore as on 30th September 2025, up 31% compared with Rs 64,564 crore as on 30th September 2024.

IREDA is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. As on December 2024, GoI held 75% stake in IREDA.

The company’s consolidated net profit fell 35.7% to Rs 246.88 crore despite of 29.7% jump in net sales to Rs 1959.84 crore in Q1 FY26 over Q1 FY25.

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