IREDA reports strong Q1 performance; loan disbursements up 31%, loan book grows 27% PSU Watch
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IREDA reports strong Q1 performance; loan disbursements up 31%, loan book grows 27%

IREDA’s loan disbursements surged by 31 percent to Rs 6,981 crore in Q1 FY26, as compared to Rs 5,326 crore in the corresponding quarter of the previous financial year

PSU Watch Bureau

New Delhi: The Indian Renewable Energy Development Agency Ltd. (IREDA) has reported robust financial growth for the first quarter of FY 2025-26 on June 30.

According to provisional figures released by the company, IREDA’s loan disbursements surged by 31 percent to Rs 6,981 crore in Q1 FY26, as compared to Rs 5,326 crore in the corresponding quarter of the previous financial year. Loan sanctions during the period also rose by 29 percent to Rs 11,740 crore, up from Rs 9,136 crore in Q1 FY25.

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The company’s outstanding loan book grew significantly, reaching Rs 79,960 crore as on June 30, 2025, an increase of 27 percent over Rs 63,207 crore recorded in the same period last year.

Commenting on the performance, IREDA's Chairman and Managing Director (CMD) Pradip Kumar Das said, “Our first quarter growth underscores IREDA’s crucial role in powering India’s renewable energy ecosystem. The numbers reflect both increasing demand and our readiness to respond with effective financing solutions.”

He also acknowledged the continuous support from the Hon’ble Union Minister and Minister of State for New & Renewable Energy, Secretary MNRE, the Board of Directors, and all stakeholders. He further lauded Team IREDA for their dedicated efforts in achieving the results.

The Q1 figures are provisional and subject to audit.

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