IREDA Q3 Profit Soars 38% to ₹584.9 Cr, Asset Quality Improves Significantly

• IREDA's net profit for Q3 FY25-26 surged by 37.5% year-on-year to ₹584.9 crore.
• Net Interest Income (NII) also saw a robust increase of 34.8% year-on-year, reaching ₹897.5 crore.
• Asset quality improved with Gross NPA decreasing to 3.75% from 3.97% sequentially.
• Net NPA also fell to 1.68% from 1.97% in the previous quarter, indicating stronger financial health.
• Despite strong Q3 results, IREDA's share price closed down 2.89% on Friday and has declined 36.55% over the past year.

Why It Matters: IREDA reports strong Q3 financial performance with significant profit growth and improved asset quality.