Shares of Indian Renewable Energy Development Agency Ltd (IREDA) attracted investor attention following a robust set of financial results for the third quarter ended December 31, 2025. The company’s stock climbed around 4 % in early trading after the earnings announcement, reflecting positive market response.
Strong Earnings and Revenue Growth
For Q3 FY26, IREDA reported a 15.4 % year-on-year increase in consolidated profit after tax (PAT) to ₹1,381.36 crore, compared with the same quarter last year. At the same time, revenue from operations surged by 28.2 % YoY to ₹6,041.82 crore, signaling healthy demand in its core lending business.
Underlying Business Momentum
The company’s financial performance was supported by growth across its lending franchise:
- Loan sanctions rose 29 % YoY to about ₹40,100 crore during the nine months ended December 31, 2025.
- Loan disbursements climbed around 44 % YoY to approximately ₹24,903 crore, indicating strong execution and demand in renewable energy financing.
- The diversified loan book spans various clean-energy sectors such as solar, wind, hydro, ethanol projects, and other renewables.
Broader Performance Trends
Besides the quarterly performance, IREDA also reported 27 % YoY revenue growth for the nine-month period and a 17 % increase in profit before tax, reflecting consistent growth over the fiscal year so far.
Market Reaction and Outlook
The strong Q3 results have helped lift investor sentiment toward IREDA’s shares, as market participants see continued demand for renewable energy lending and financing activities in support of India’s clean-energy transition. However, overall stock performance may still be influenced by broader market trends and sector risk perception.
