Particle.news

Download on the App Store

IREDA Posts 86% Surge in H1 Loan Sanctions as Shares Gain on Business Update

Provisional H1 FY26 figures underscore a rapid expansion in renewable-energy lending that signals continued growth momentum for the state-run financier.

Overview

  • IREDA said loan sanctions rose to Rs 33,148 crore in H1 FY26, up 86% year-on-year, with disbursements up 54% to Rs 15,043 crore.
  • The outstanding loan book reached Rs 84,445 crore as of September 30, 2025, a 31% increase from a year earlier.
  • Following the update, the stock rose 4.45% to Rs 155.30, putting market capitalisation near Rs 44,000 crore.
  • The company recently strengthened Tier-I capital with a Rs 453 crore perpetual bond issue at 7.70%, which was oversubscribed 2.69 times.
  • A performance MoU with MNRE sets a FY26 revenue target of Rs 8,200 crore, even as Q1 standalone net profit fell 36% to Rs 247 crore.