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.
