IREDA stock gained nearly 3% with high volumes after the company posted a 41% YoY jump in net profit and 81% rise in loan disbursements for Q2 FY26. Backed by India’s 2030 renewable-energy targets of 500 GW capacity, IREDA is positioned to benefit as the government’s key green-finance PSU. Its expanding loan book, rising net worth, and consistent profitability highlight the company’s strategic focus on supporting India’s transition toward clean energy.
IREDA Stock Gains 3% Post Q2 FY26 Results
Shares of Indian Renewable Energy Development Agency Ltd. (IREDA) surged nearly 3% in today’s session amid heavy trading volumes after the company released its Q2 FY26 results showing strong operational and financial performance.
The rally reflects investor optimism over IREDA’s role in India’s accelerating clean-energy transition and the expanding credit demand from renewable projects across the country.
Q2 FY26 Performance Snapshot (Standalone)
| Metric | Q2 FY26 | Q2 FY25 | Growth |
|---|---|---|---|
| Loan Sanctions | ₹21,408 crore | ₹8,724 crore | ↑145% |
| Loan Disbursements | ₹8,062 crore | ₹4,462 crore | ↑81% |
| Loan Book | ₹84,477 crore | ₹64,564 crore | ↑31% |
| Net Worth | ₹12,920 crore | ₹9,336 crore | ↑38% |
| Profit After Tax | ₹549 crore | ₹388 crore | ↑41% |
| Revenue from Operations | ₹2,057 crore | ₹1,630 crore | ↑26% |
Consolidated Financial Highlights (Q2 FY26)
- Revenue from Operations: ₹4,004.88 crore (vs ₹3,139.82 crore YoY)
- Total Income: ₹4,017.69 crore
- Profit Before Tax: ₹1,001.23 crore
- Profit After Tax: ₹796.21 crore (vs ₹771.42 crore YoY)
- Earnings Per Share (EPS): ₹2.88
Government’s 2030 Clean Energy Mission Creates Major Financing Opportunity
India has set an ambitious target of achieving 500 GW of non-fossil fuel-based power capacity by 2030, covering solar, wind, hydro, and bioenergy. Achieving this goal requires massive project financing, estimated at over $250 billion in the coming years.
As a Government of India enterprise under the Ministry of New and Renewable Energy (MNRE), the renewable energy financier plays a central role in funding renewable-energy developers, manufacturers, and emerging green-tech ventures.
This government-led clean-energy expansion directly translates into sustained loan demand for the renewable energy financier, offering long-term growth visibility for the PSU as it finances large-scale solar parks, wind farms, green hydrogen projects, and battery-storage initiatives.
Management Commentary
Union Minister for New and Renewable Energy, Shri Pralhad Joshi, said:
“IREDA is fostering sustainable growth and self-reliance in the renewable energy sector, lighting up India’s future with passion and purpose.”
Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, stated:
“Our expanding loan book and consistent profitability reflect execution excellence and stakeholder trust. We remain committed to enabling India’s renewable energy ecosystem through strategic financing.”
IREDA’s Growth Outlook
With India’s renewable-energy capacity poised to grow by over 50% in the next five years, IREDA’s role as a green-finance leader becomes even more critical.
- Expanding loan portfolio aligned with national clean-energy targets
- Diversifying into green hydrogen and energy-storage financing
- Strong government backing ensures capital support and credit stability
These factors collectively provide IREDA with structural growth tailwinds, potentially sustaining healthy profitability and balance-sheet expansion in the medium term.
References:
- Company Exchange Filing: Indian Renewable Energy Development Agency Ltd. (IREDA) – Q2 FY26 Financial Results submitted to BSE & NSE.
- Ministry of New and Renewable Energy (MNRE): India’s 2030 target of achieving 500 GW renewable energy capacity.
- IREDA Official Website: Annual Reports and Investor Presentations for FY25–26.
- Stock Exchange Data: BSE & NSE stock performance data for IREDA on 14 October 2025.
Disclaimer:
This article is meant solely for informational purposes and should not be construed as investment advice or a solicitation to buy or sell any security. Financial data is sourced from IREDA’s official filings and government press releases. Readers should perform their own analysis and consult a certified financial advisor before making investment decisions. Investments in equities are subject to market risks, and past performance may not guarantee future returns.