Indian Renewable Energy Development Agency (IREDA) has released its consolidated financial results for the nine months ended December 31, 2025. Key highlights include a total income of ₹6,157.61 crores, a net profit of ₹1,381.36 crores, and total assets reaching ₹92,199.97 crores. The report details financial performance, asset quality, and key operational metrics, along with future strategies. All figures are in Indian Rupees.
Financial Performance
IREDA reported a total income of ₹6,157.61 crores for the nine months ended December 31, 2025. This includes ₹6,041.82 crores in interest income and ₹22.53 crores from other income. Total expenses amounted to ₹4,439.18 crores, resulting in a profit before tax of ₹1,718.43 crores.
Key Financial Metrics
Key financial figures from the consolidated balance sheet as of December 31, 2025, include:
- Total Assets: ₹92,199.97 crores
- Total Equity: ₹13,539.27 crores
- Total Financial Liabilities: ₹76,017.27 crores
Asset Quality
Gross Term Loans at Amortized Cost amounted to ₹87,802.90 crores, with net loans after impairment at ₹85,989.07 crores. The capital adequacy ratio (CRAR) was reported at 19.63% as of December 31, 2024, restated to 15.52% after applying a 100% risk weight to certain assets. Statutory disclosures have been made regarding loan classifications as stage III / Non-Performing Assets (NPA) as stage II / Standard following Hon’ble High Court interim order.
Key Ratios
Key ratios as of the quarter ended December 31, 2025, include a debt-equity ratio of 5.41 and a net profit margin of 27.35%. The net non-performing assets (NPA) to net advances ratio stood at 1.68%.
Corporate Governance
There has been full compliance with all covenant conditions applicable under debt arrangements. Further a new policy was implemented for undertaking derivative transactions for risk management. The board re-appointed Internal Auditors for FY26 based on recommendations from Audit Committee.
Emphasis of Matter
- Some loans aggregating to ₹400.24 crores, due to interim court order, are classified as stage II / Standard rather than stage III /NPA.
- Effective March 31, 2025, a 100% risk weight has been applied to certain assets, restating the December 2024 CRAR to 15.52%.
Source: BSE
