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

IREDA has announced a board meeting on July 29, 2025, to consider the financial results for the quarter and half-year. The company raised ₹2,005.90 Cr through QIP and JPY 26 billion (~₹1,553 Cr) via ECB from SBI Tokyo. Loan sanctions and disbursements grew 29% and 31% YoY, with the outstanding loan book up 27% to ₹79,941 Cr. Gross NPA rose to ₹3,302 Cr (4.13%), impacting profit after tax, which declined 36% YoY to ₹247 Cr. Interest spread improved to 2.55%, supported by a stable cost of borrowings at 7.40%.