Shares of Indian Renewable Energy Development Agency Ltd ( ) fell 1.16 per cent to close at Rs 153.10 on Thursday. So far in calendar year 2025 (year-to-date), the stock has declined 30.97 per cent.

The state-run power financier reported a consolidated net profit of Rs 549.33 crore for the July-September quarter (Q2 FY26), up 41.5 per cent year-on-year (YoY) from Rs 388 crore in the same quarter last year. Revenue from operations rose 26.2 per cent YoY to Rs 2,057 crore, compared with Rs 1,629.55 crore in Q2 FY25. Advertisement

In its business update earlier this month, IREDA said loans sanctioned until September 30, 2025, surged 86 per cent YoY to Rs 33,148 crore. Disbursements rose 54 per cent YoY to Rs 15,043 crore, while the outstanding loan book at the end of the September quarter

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