Indian Renewable Energy Development Agency (IREDA) share price jumped over 5% to ₹114.89 apiece in Wednesday’s trading session after the company reported strong Q4 business update.
The stock opened at ₹113.85 per share today, as compared to previous close of ₹108.98 on Monday.
IREDA Q4 business update FY26
In an exchange filing, IREDA stated that the loans it sanctioned for the year ended March 31, 2026, rose 9% to ₹51,883 crore, up from ₹47,453 crore in the corresponding period a year earlier.
Loan disbursements climbed 16% to ₹34,946 crore, compared with ₹30,169 crore in the previous fiscal.
The company’s outstanding loan book reached ₹93,075 crore at the end of the year, marking a 22% increase from ₹76,282 crore reported in the fourth quarter of the prior year.
On March 30, IREDA announced that it had entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to secure external commercial borrowings (ECBs) of ¥28 billion.
The facility, structured through SMBC’s Singapore branch as the mandated lead arranger and bookrunner, also carries a greenshoe option of up to ¥12 billion.
IREDA Q3 results FY26 highlights
IREDA reported a 15.4% year-on-year (YoY) rise in consolidated net profit to ₹1,381.36 crore. Revenue from operations also recorded a robust 28.2% growth compared with the same period last year.
Operational revenue for the quarter came in at ₹6,041.82 crore, up from ₹4,714.25 crore in the corresponding quarter of FY25.
For the nine-month period ending December 31, 2025, the company’s revenue from operations stood at ₹6,135 crore, reflecting a 27% increase from ₹4,838 crore a year earlier.
Over the same nine-month span, profit before tax rose 17% year-on-year to ₹1,718 crore from ₹1,474 crore, while profit after tax grew 15% to ₹1,381 crore, compared with ₹1,197 crore in the corresponding period of the previous year.
“IREDA’s strong financial performance this quarter reflects our commitment to accelerating India’s renewable energy transition. The growth in loan disbursements, net worth and profitability underscores the trust placed by our stakeholders,” said Pradip Kumar Das, CMD of IREDA.
IREDA share price trend
IREDA share price has largely remained under pressure in the near term. The stock has shed 6.54% in a month and 18% in terms of year-to-date (YTD) amid weak market sentiments.
Furthermore, IREDA shares have descended over 20% in the last two years. The stock touched a 52-week high of ₹186.55 on June 9, 2025 and a 52-week low of ₹108.70 on March 30, 2026.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
