The net profit of the government company Indian Renewable Energy Development Agency (IREDA) for the March 2026 quarter (Q4 FY26) declined by 1.77% on an annual basis to Rs 492.63 crore. The company’s profit in the same quarter last year was Rs 501.55 crore. The company told this in the information given to the stock market on Friday.
The total income of the company increased to Rs 2,181.28 crore during January-March 2026, which was ₹ 1,915 crore in the same period a year ago. However, the company’s expenses also increased during this period. Total expenses in the fourth quarter stood at ₹1,562.14 crore, compared to ₹1,285.91 crore in the same quarter of the previous financial year.
Record profit in the entire financial year
IREDA’s net profit for the full financial year 2025-26 (FY26) increased to ₹1,874 crore, from ₹1,698 crore in FY25. At the same time, the annual income of the company also increased from ₹ 6,755.69 crore to ₹ 8,338.89 crore. The company said in a separate statement that it has recorded the highest ever annual profit in FY26.
Shareholders will get dividend
IREDA’s Board of Directors has recommended a final dividend of ₹0.75 per equity share for FY26. However, for this, the approval of the shareholders will be required in the upcoming Annual General Meeting (AGM). The company has already paid an interim dividend of ₹0.60 per share. In this way, the total dividend for the entire financial year will be ₹ 1.35 per share.
Strong growth in loan business
The company’s loan sanctions increased by 9% to ₹51,883 crore in FY26, which was ₹47,453 crore in FY25. Loan disbursement increased by 16% to ₹34,946 crore, whereas in FY25 it was ₹30,169 crore. The company’s loan book also increased by 22% to ₹ 93,069 crore, which was ₹ 76,282 crore in the last financial year.
What did the CMD say?
IREDA CMD Pradip Kumar Das said that FY26 has proved to be another important year in the growth journey of the company. The loan book of over Rs 93,000 crore and record annual profits reflect the company’s strong strategy, institutional strength and confidence in India’s renewable energy potential. He said that the green energy transition in India is progressing rapidly and IREDA will continue to focus on expanding its business responsibly.
Leave a Reply