Indian Renewable Energy Development Agency Limited — Important, 10-07-2025: Updates

Indian Renewable Energy Development Agency Limited (IREDA) has announced a board meeting on 25 July 2025 to consider the financial results for the quarter and half-year. The company reported a 29% rise in interest income to ₹1,908.79 Cr and total revenue of ₹1,959.53 Cr for Q1 FY26. Profit after tax stood at ₹246.68 Cr, down from ₹383.69 Cr YoY, impacted by higher provisions and finance costs. Gross loans increased to ₹78,148.92 Cr, with an expected credit loss provision of ₹2,282.04 Cr. Borrowings rose to ₹33,754.12 Cr, supported by fresh issuances and repayments. The company maintains a strong CRAR of 19.58%. Key operational focus remains on renewable energy financing and managing asset quality amid stressed accounts.