IREDA Share Price Rises 3% After Strong Q1FY26 Performance

Market Performance

The IREDA share price surged by 2.6% on Tuesday, July 1, 2025, reaching ₹174.5 on the NSE during early trade.

This jump follows a robust Q1 FY26 business performance by the Indian Renewable Energy Development Agency Ltd. (IREDA), highlighting strong momentum across disbursements, loan sanctions, and loan book growth.

Main News: Disbursements & Loan Book Show Strong Growth

IREDA reported impressive year-on-year (YoY) growth across key lending metrics in the first quarter of FY26:

• Loan Sanctions:
  • Q1FY26: ₹11,740 Crore
  • Q1FY25: ₹9,136 Crore
  • Growth: +29% YoY
•  Loan Disbursements:
  • Q1FY26: ₹6,981 Crore
  • Q1FY25: ₹5,326 Crore
  • Growth: +31% YoY
•  Loan Book Outstanding:
  • As of June 30, 2025: ₹79,960 Crore
  • As of June 30, 2024: ₹63,207 Crore
  • Increase: +27% YoY

These numbers indicate a substantial uptick in IREDA's financing activity within the renewable energy sector.

Company Details

IREDA, a government-owned financial institution, is a key player in India's renewable energy financing ecosystem.

In Q1FY26, the company successfully raised ₹2,005.90 Crore through a Qualified Institutional Placement at an issue price of ₹165.14 per share.

Institutional Allottees (5%+ Share Allocation):

• LIC Ltd
  • Subscribed to 50% of the total QIP
  • Investment: Nearly ₹1,003 Crore
• Other Major Investors:
  • Societe Generale
  • Morgan Stanley Asia (Singapore) PTE
  • Vikasa India EIF I Fund

A total of 12.15 Crore shares were issued at a 4.5% discount to the floor price of ₹173.

 Financial Performance Snapshot (Q4FY25)

While Q1 financials are yet to be disclosed in full, IREDA's Q4FY25 performance remains a strong backdrop:

Revenue from Operations:

• ₹1,905.06 Crore
• +37% YoY

Net Profit:

• ₹501.55 Crore
• +49% YoY
• (Q4FY24 Net Profit: ₹337.39 Crore)

Summary

The IREDA share price gained traction after the company posted an impressive Q1FY26 operational update, reflecting:

• Higher disbursements and loan sanctions
• A robust rise in its loan book
• Successful institutional capital raising
• Backing from major financial institutions like LIC and global investors

With a strong financial base and a growing loan portfolio, IREDA continues to solidify its position as a critical enabler of India's clean energy transition.