Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the first quarter (Q1) of financial year (FY) 2025-26, ending June 30, 2025. The results are based on provisional figures and subject to audit. During Q1 FY 2025-26, the agency reported loan sanctions of Rs 117.40 billion, marking a 29 per cent year-on-year (YoY) increase from Rs 91.36 billion in Q1 FY 2024-25. Loan disbursements rose by 31 per cent YoY to Rs 69.81 billion, up from Rs 53.26 billion in Q1 FY 2025-26.
As of June 30, 2025, IREDA’s outstanding loan book reached Rs 799.60 billion, up 27 per cent from Rs 632.07 billion in Q1 FY 2024-25. The quarter’s growth in sanctions, disbursements, and the loan book indicates an increase in demand for renewable energy financing, along with IREDA’s responsiveness in project funding.
In June 2025, IREDA raised Rs 20.06 billion through a qualified institutions placement by issuing 121.5 million equity shares at Rs 165.14 each, including a Rs 155.14 premium, at a five per cent discount to the floor price.
