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

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CNBC TV18•10-01-2026, 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.
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