ENA Sectors 2025-10-14 17:02:12 <p><span style="font-size:14px"><strong>New Delhi, Oct 14 (KNN)</strong> The Indian Renewable Energy Development Agency (IREDA) reported strong financial performance for the second quarter of FY 2025-26, sustaining Indias clean energy momentum.</span></p> <p><span style="font-size:14px">The company posted a 41 per cent year-on-year rise in net profit and an 81 per cent increase in loan disbursements, reflecting its expanding role in financing Indias renewable energy transition.</span></p> <p><span style="font-size:14px">Minister for New and Renewable Energy, Pralhad Joshi, commended IREDAs performance, noting that the agency is playing a pivotal role in advancing sustainable growth and self-reliance in the clean energy sector, supporting Indias journey toward a greener future.</span></p> <p><span style="font-size:14px">According to IREDAs audited results for Q2 FY26, loan sanctions rose 145 per cent to Rs 21,408 crore, while loan disbursements increased to Rs 8,062 crore from Rs 4,462 crore in the same quarter last year.</span></p> <p><span style="font-size:14px">The loan book expanded by 31 per cent to Rs 84,477 crore, and the net worth grew by 38 per cent to Rs 12,920 crore. </span></p> <p><span style="font-size:14px">Revenue from operations rose by 26 per cent to Rs 2,057 crore, with profit after tax reaching Rs 549 crore, up from Rs 388 crore a year earlier.</span></p> <p><span style="font-size:14px">IREDA Chairman and Managing Director, Pradip Kumar Das, said the strong results underscore the companys focus on operational excellence and stakeholder trust.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 43798 https://knnindia.co.in/news/newsdetails/sectors/ireda-reports-41-yoy-net-profit-growth-loan-disbursements-up-81-in-q2-fy26 2025-10-14 17:02:12 knnindia.co.in