Indian Renewable Energy Development Agency Limited (IREDA) announced its audited financial results for the quarter and half-year ended September 30, 2026. The company reported a substantial 62% year-on-year increase in its net profit for the quarter, reaching ₹554.26 crore. This growth was driven by strong revenue performance and effective cost management, reflecting a positive trajectory for the renewable energy financing institution.
IREDA Reports Strong Financial Performance for Q2 FY27
Indian Renewable Energy Development Agency Limited (IREDA) has disclosed its audited financial results for the quarter and half-year ended September 30, 2026. The company demonstrated robust financial health, highlighted by a significant increase in its net profit for the quarter.
Quarterly Financial Highlights
For the quarter ended September 30, 2026, IREDA’s standalone net profit stood at ₹554.26 crore. This represents a notable 62% increase compared to the net profit of ₹337.50 crore reported for the same period in the previous year. The total comprehensive income for the quarter also saw an increase, reaching ₹427.65 crore, up from ₹277.65 crore year-on-year.
Half-Yearly Performance
On a half-yearly basis, IREDA reported a standalone net profit of ₹891.75 crore for the period ended September 30, 2026. The total comprehensive income for the half-year amounted to ₹705.30 crore.
Key Financial Metrics
The company’s revenue from operations for the quarter reached ₹2,343.70 crore, while total income stood at ₹2,344.75 crore. Expenses for the quarter were managed effectively, totaling ₹1,638.18 crore. The standalone statement of assets and liabilities as of September 30, 2026, shows total assets of ₹97,985.76 crore and total liabilities and equity of the same amount.
Source: BSE
