IREDA’s Q1 FY 2026 Profits Fall 35% as Non-Performing Assets Expand

The company’s revenue from operations increased 29%

July 22, 2025

/ Finance and M&A, Other, Renewable Energy,

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a consolidated revenue of ₹19.48 billion (~$226 million) for the first quarter (Q1) of the financial year (FY) 2026, a 29% year-over-year (YoY) increase from ₹15.1 billion (~$176 million).

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Tina Freese

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IREDA’s Q1 FY 2026 Profits Fall 35% as Non-Performing Assets Expand

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