Mumbai, July 21, 2025: Indian Renewable Energy Development Agency Ltd. (IREDA), a leading NBFC under the Ministry of New & Renewable Energy, has reaffirmed its commitment to India’s clean energy mission with robust Q1 FY 2025–26 results.
IREDA reported a 49% YoY rise in operating profit and a 30% increase in total income, driven by strong growth in solar, wind, green hydrogen, EVs, and smart meters. Its loan book surged 26% to ₹79,941 crore, and net worth grew 36% to ₹12,402 crore. The company maintained its top AAA (Stable) credit ratings and raised ₹5,903 crore, including a JPY 26 billion ECB from SBI Tokyo.
In a major boost, CBDT has notified IREDA bonds as ‘long-term specified assets’ under Section 54EC, enabling investors to claim capital gains tax exemption while supporting green energy.
CMD Shri Pradip Kumar Das said, “Operational excellence and responsible financing remain central to our strategy as we help drive India towards its 500 GW renewable energy target.”
IREDA has also reduced NPAs, diversified its portfolio, and received accolades like the CMA Icon 2025 award and a top-5 national ranking for wealth creation. With India achieving 50% non-fossil fuel power capacity ahead of schedule, IREDA remains a key catalyst in the nation’s clean energy transition.
