IREDA Reports 86% Growth in Loan Sanctioned Capacity

International Renewable Energy Development Agency (IREDA) reported an 86% growth in its loan-sanctioned capacity, reaching Rs. 33,148 crore in September 2025, up from Rs. 17,860 crore on September 30, 2024.

In its provisional business performance up to September 30, 2025, IREDA’s loan disbursements rose 54% to Rs. 15,043 crore, compared with Rs. 9,787 crore a year earlier. Meanwhile, the company’s loan book orders expanded 31% to Rs. 84,564 crore on September 30, 2025, up from Rs. 64,564 crore on September 30, 2024.

In line with its FY26 revenue target of ₹8,200 crore, IREDA recently signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE). As per the MoU, the government has fixed a revenue-from-operations target of ₹8,200 crore for the year. IREDA had exceeded its FY25 target, reporting ₹6,743.32 crore in revenue against the prescribed ₹5,957 crore. 

Snapshot of Last Financial Results

In the last finacnial result for Q1 FY26, IREDA saw a 29% year-on-year jump in operational revenue to ₹1,947 crore, compared with ₹1,510 crore a year earlier. However, profit before tax declined to ₹305 crore from ₹476 crore in the same period last year. Consolidated revenue from operations stood at ₹1,948 crore for the quarter ended June 30, 2025.

Loan disbursement and sanctions also recorded strong growth. The agency sanctioned ₹11,740 crore in loans in Q1, up 29% from ₹9,136 crore in the year-ago period. Outstanding loans rose 27% year-on-year to ₹79,941 crore, compared with ₹63,207 crore last year.