IREDA's Q3 Net Profit Soars 38% to ₹585 Crore, NII Jumps 35%
Market
C
CNBC TV1810-01-2026, 00:25

IREDA's Q3 Net Profit Soars 38% to ₹585 Crore, NII Jumps 35%

  • IREDA reported a 37.5% year-on-year increase in net profit for Q3 FY26, reaching ₹584.9 crore.
  • Revenue from operations surged 38% to ₹2,140 crore, while Net Interest Income (NII) grew 34.8% to ₹897.5 crore.
  • The company's loan book expanded by 28% to ₹87,975 crore, and disbursements rose 32% to ₹9,860 crore.
  • Net worth increased by 38% to ₹13,537 crore, reflecting strong financial performance.
  • CMD Pradip Kumar Das highlighted IREDA's commitment to accelerating India's renewable energy transition.

Why It Matters: IREDA demonstrates robust financial growth in Q3 FY26, driven by increased profit, revenue, and loan book expansion.

More like this

Loading more articles...