IREDA has reported its highest-ever profit after tax at Rs 1873 crore for the financial year 2025-26, marking a major milestone in the company’s growth journey under the leadership of Chairman and Managing Director Shri Pradip Kumar Das.
Under his leadership, the Indian Renewable Energy Development Agency (IREDA) has strengthened its position as a key financial institution supporting India’s clean energy ambitions. The company has witnessed significant growth while maintaining financial stability and improving operational efficiency.
IREDA’s loan book crossed Rs 93000 crore during the fiscal, registering a growth of 22 per cent compared to the previous year. The rise reflects the company’s strong push towards funding large-scale renewable energy projects across the country.
At the same time, the agency managed to improve its asset quality, with net non-performing assets declining to 1.29 per cent. The improvement highlights the company’s disciplined lending practices and focus on maintaining a healthy financial structure even during rapid expansion.
The company’s total operating income also rose by 23 per cent to Rs 8337 crore, supported by increasing demand for renewable energy financing and expansion into emerging clean energy segments.
Commenting on the performance, CMD Shri Pradip Kumar Das said that crossing the Rs 93000 crore loan book milestone along with achieving record profitability reflects the institution’s resilience and confidence in India’s renewable energy potential.
He added that IREDA has continued to evolve in line with the country’s rapidly growing green energy sector and is preparing itself to play a larger role in supporting the Ministry of New and Renewable Energy’s long-term vision.
During the financial year, the company recorded loan sanctions worth Rs 51883 crore and disbursements of Rs 34946 crore, reinforcing its role as a major driver of renewable energy financing in India.
Shri Das also credited the performance to the combined efforts of Team IREDA, along with continuous support from the board and various ministries.
With India accelerating its clean energy transition, IREDA remains financially strong and well-positioned to support the next phase of renewable energy infrastructure development in the country.
