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IREDA dividend 2026: Shares of state-owned IREDA (Indian Renewable Energy Development Agency might remain in focus in the upcoming date as the company has announced that it might declare a dividend for its shareholders in the upcoming board meeting. The company informed this through an exchange filing on March 19.
In the exchange filing, IREDA informed the bourses that the meeting of the Board of Directors of the company is scheduled on Wednesday, March 25, inter alia, to consider the proposal for the declaration of an interim dividend for the financial year 2025-26.
If IREDA approves the cash reward in the board meeting next week, it will be the first time the company has paid a dividend to its shareholders.
“…“Trading Window” for dealings in the Company’s securities shall continue to be remain closed till 48 hours after the conclusion of the board meeting to be held on March 25, 2026 (the trading window has already been closed from March 12, 2026, in reference to our letter dated March 12, 2026),” it added in the filing.
In a separate regulatory filing, IREDA said that its board of directors, in its meeting held on March 19, approved the enhancement of the borrowing plan for FY 2025–26 from up to Rs 30,800 crore to up to Rs 35,800 crore.
“ Borrowing includes fund raising through Taxable Bonds/ Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI) /Term loan from Banks and FI’s /Lines of credit from international agencies (multilateral and bilateral agencies) /Short term loans & WCDL from Bank/ External Commercial Borrowings (ECB),” it said in the filing.
Shares of IREDA gained 1.39 per cent in the last one week. However, it declined 8.05 per cent in one month, 12.54 per cent in three months, 27.58 per cent in six months and 22.34 per cent in one year, respectively.
On a YTD basis, the shares have fallen 16.43 per cent.
IREDA Q3 results FY26 performance
IREDA posted a 15.4% YoY jump in its consolidated net profit at Rs 1,381.36 crore in Q3 FY26. The revenue from operations witnessed a 28.2% spike year-on-year. The revenue from operations for the third quarter of FY26 stood at Rs 6,041.82 crore, against Rs 4,714.25 crore in the same quarter of the fiscal year 2025.
The company’s revenue from operations, for 9 months ended December 31, 2025, stood at Rs 6,135 crore, registering a 27% year-on-year (YoY) growth compared to Rs 4,838 crore reported in the corresponding period last year.
IREDA’s Profit before tax (PBT) for the nine-month period rose to Rs 1,718 crore, up 17% YoY from Rs 1,474 crore in the same period last year. Meanwhile, profit after tax (PAT) came in at Rs 1,381 crore, reflecting a 15% rise over Rs 1,197 crore reported for the nine months ended December 2024.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
