IREDA releases Q1 FY27 results; Standalone and Consolidated financial statements show operational updates
Indian Renewable Energy Development Agency Limited (IREDA), a Government of India Enterprise, has released its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved the results on August 3, 2026.The results include both standalone and consolidated statements, which have been subject to a limited review by independent auditors. Alongside the financial outcomes, IREDA announced the re-appointment of M/s R.M. Bansal & Co., Cost Accountants (FRN: 000022) as the Cost Auditor for the financial year 2026-27.
The Board meeting commenced at 03:30 PM and concluded at 07:25 PM. The review of the interim standalone results indicated that nothing had come to the auditors' attention that suggested material misstatement in the statements, which were prepared according to Indian Accounting Standard 34 (Interim Financial Reporting).
The limited review of the consolidated unaudited financial results also concluded that nothing caused the auditors to believe that the financial results were not prepared in all material respects.
Key Financial Highlights
IREDA's financial performance for the quarter ending June 30, 2026, reflected specific operational metrics across its standalone and consolidated entities. The company’s primary business remains providing finance for Renewable Energy and related projects within India.The following tables summarize the key figures from the respective financial statements (amounts are in Crores):
Standalone Unaudited Financial Results (Quarter Ended 30.06.2026)
| Particulars | Quarter ended 30-Jun-26 (Unaudited) | Quarter ended 31-Aug-26 (Audited) | Quarter ended 30-Jun-25 (Audited) | Year ended 31-Mar-26 (Audited) |
|---|---|---|---|---|
| Total Revenue From Operations | 2,249.54 | 2,180.90 | 1,959.53 | 8,337.48 |
| Net Profit/ (Loss) before Tax | 412.72 | 619.26 | 304.63 | 2,336.92 |
| Total Income | 2,249.54 | 2,180.90 | 1,959.53 | 8,337.48 |
| Expenses (Total) | 1,836.85 | 1,562.14 | 1,655.01 | 6,001.31 |
| Profit/(Loss) for the period | 337.50 | 492.75 | 246.68 | 1,873.34 |
| Total Comprehensive Income | 277.65 | 577.74 | 265.37 | 1,993.46 |
Consolidated Unaudited Financial Results (Quarter Ended 30.06.2026)
| Particulars | Quarter ended 30.06.2026 | Quarter ended 31.03.2026 | Quarter ended 30.06.2025 | Year Ended 31.03.2026 |
|---|---|---|---|---|
| Total Revenue From Operations | 2,249.45 | 2,175.33 | 1,947.60 | 8,310.41 |
| Profit/(Loss) before Tax | 413.75 | 619.14 | 304.84 | 2,337.58 |
| Total Comprehensive Income | 278.30 | 579.21 | 193.33 | 1,997.51 |
Financial Ratios and Debt Metrics
Details regarding the company's financial structure and performance metrics for the quarter ending June 30, 2026, are provided below:Financial Disclosure under Regulation 52(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
| Particulars | Unit | As at 30.06.2026 | As at 30.06.2025 |
|---|---|---|---|
| Net Worth | ₹ in Crores | 14,137.19 | 12,402.43 |
| Net Profit After Tax | ₹ in Crores | 338.53 | 246.88 |
| Earning Per Share (for continuing operations) | per share | 1.21 | 0.91 |
| Total Debts to Total Assets | times | 0.83 | 0.82 |
| Operating Margin | % | 18.34% | 15.02% |
| Net Profit Margin | % | 15.04% | 12.60% |
| CRAR | % | 20.28% | 19.58% |
Asset Quality and Debt Management
Regarding asset classification, the consolidated results reported that the company provided an Expected Credit Loss (ECL) based on a report from an independent agency. Cumulative impairment allowance stood at 3,099.55 Crores as of June 30, 2026, compared to 2,244.78 Crores in the prior period.The company maintained security cover of 3.57 times on receivables through a charge.
Total Financial Indebtedness Details (As at 30.06.2026)
| Particulars | Amount (₹ in Crore) |
|---|---|
| Loans and Revolving Facilities from banks/financial institutions | 45,823.04 |
| Unlisted Debt Securities | - |
| Total Financial Indebtedness | 79,002.01 |
A statement on the utilization of issue proceeds for IREDA Taxable Unsecured Bonds (Series-XVIII-A) in Private Placement showed that the full amount raised, amounting to 1,500.00 Crores, was utilized against lending towards RE projects and other general corporate purposes.
IREDA Stock Price Movement
Today, shares of Indian Renewable Energy Development Agency Limited climbed to settle at ₹123, edging higher after posting a gain of 2.85%. The stock saw healthy post-market activity, with a total traded volume reaching 7.82 million shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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