Market Performance
The IREDA share price grabbed attention in the stock market today after the company reported a strong set of third-quarter numbers for FY26.
As trading began, the mood around IREDA was noticeably positive. The stock moved sharply higher in early deals, even as broader market conditions remained weak.
- IREDA share price jumped up to 4.13%
- Touched an intraday high of ₹142.30
- Was trading near ₹139.80, up around 2.3% by 9:55 am
This move stood out, especially on a day when many stocks were under pressure. For investors tracking PSU stocks and renewable energy finance players, IREDA was clearly one of the key names in the stock market today.
Main News: What Drove the IREDA Share Price Up?
The spike in the IREDA share price came after the company announced its Q3 FY26 financial results, which showed strong growth across key metrics.
At the heart of the reaction was a sharp jump in profitability, supported by higher revenue and steady operational performance.
Key Financial Highlights – Q3 FY26
To keep things clear and readable, here are the numbers that shaped market sentiment:
- Net Profit (PAT): ₹585 crore
- Up 37.5% year-on-year
- Compared with ₹425 crore in the same quarter last year
- Revenue from Operations: ₹2,130 crore
- Growth of 25% YoY
- Up from ₹1,698 crore
- Operating Profit: ₹857 crore
- Increased 31% YoY
These figures helped explain why the IREDA share price reacted positively despite overall market weakness.
Company Details: Business Momentum and Balance Sheet Snapshot
Beyond profits and revenue, investors also looked closely at how the company’s core business performed during the quarter.
Loan Book and Disbursements
IREDA continued to see expansion in its lending activities:
- Loan book size: ₹87,975 crore
- Growth of 28% YoY
- Disbursements: ₹9,860 crore
- Jump of 32% YoY
This steady rise in lending activity played a key role in supporting revenue growth during the quarter.
Asset Quality: NPAs in Focus
While growth numbers were strong, asset quality also remained part of the conversation in the stock market today.
There was a year-on-year rise in non-performing assets:
- Gross NPA (GNPA): 3.75%
- Up from 2.68% YoY
- Net NPA (NNPA): 1.68%
- Compared with 1.50% YoY
However, on a sequential basis, asset quality showed some improvement:
- Previous quarter GNPA: 3.97%
- Previous quarter NNPA: 1.97%
This sequential moderation helped balance concerns around the YoY increase in NPAs and supported sentiment around the IREDA share price.
Why the Market Took Note?
In a session where broader indices struggled, IREDA stood out for a simple reason—numbers told a clear story.
- Profit growth stayed strong
- Revenue expansion remained consistent
- Lending activity continued to scale
- Asset quality, while higher YoY, improved compared to the previous quarter
For market participants tracking PSU stocks and renewable energy-linked lenders, these points became central to discussions around IREDA share price movements in the stock market today.
Summary: What This Means for the IREDA Share Price?
The movement in the IREDA share price today reflects how the market reacted to solid quarterly performance rather than broader market trends.
To sum it up:
- Q3 FY26 results showed strong YoY growth in profit and revenue
- Business scale expanded with higher loans and disbursements
- NPAs increased YoY but improved on a quarterly basis
- The stock gained momentum even during a weak market session
For now, IREDA has firmly placed itself among the most talked-about PSU stocks in the stock market today, driven purely by reported numbers and performance—no forecasts, no assumptions, just what the data showed this quarter.
Source: Livemint
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