IREDA Q3 Profit Rises 38% to Rs 585 Crore

IREDA, a government-owned company, recently shared its financial results for the third quarter of 2025-26.

They made a lot more profit this time compared to last year, with their net profit increasing by 38% to Rs 584.9 crore.

This is because they earned more from their loans and had fewer bad loans.

Their total revenue also went up by 25% to Rs 2,130 crore.

Additionally, they have been lending more money, with their loan book growing by 28% to Rs 87,975 crore.

The company's net worth also increased by 38% to Rs 13,537 crore, partly due to successful fundraising efforts.

However, their stock price dropped by 3.19% on the day the results were announced.