Indian Renewable Energy Development Agency's Q4 FY 2025-26 Quarterly Results

Result Summary

• Indian Renewable Energy Development Agency Ltd reported a 1.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.9%.
• Its expenses for the quarter were up by 4.1% QoQ and 4.7% YoY.
• The net profit decreased 15.8% QoQ and decreased 1.8% YoY.
• The earnings per share (EPS) of Indian Renewable Energy Development Agency Ltd stood at 1.76 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indian Renewable Energy Development Agency Ltd (IREDA) primarily operates in the renewable energy sector. The company is a government-owned financial institution that promotes, develops, and extends financial assistance for renewable energy and energy efficiency/conservation projects in India. IREDA is instrumental in facilitating the growth of renewable energy within the country by providing loans and other financial products to developers and operators of renewable energy systems. At present, there are no specific recent major developments within the company that have been highlighted in the provided data. Any additional recent activities or strategic initiatives remain unspecified within the provided information.

Revenue

In Q4FY26, Indian Renewable Energy Development Agency Ltd reported a total income of ₹2181.28 crores. This represents a quarter-over-quarter (QoQ) increase of 1.9% from ₹2139.92 crores in Q3FY26. There was also a year-over-year (YoY) increase of 13.9% compared to ₹1915.64 crores in Q4FY25. The observed growth in total income reflects the company's ongoing initiatives in the renewable energy sector, as it continues to expand its financial support for renewable projects. The increase in revenue over both the quarter and year may be indicative of increased demand for renewable energy financing solutions or an expansion in the company's operational capacity.

Profitability

In terms of profitability, the company's profit before tax for Q4FY26 was ₹619.14 crores, which marks a QoQ decrease of 13.7% from ₹717.19 crores in Q3FY26, and a slight YoY decrease of 1.7% from ₹629.73 crores in Q4FY25. The profit after tax for Q4FY26 stood at ₹492.63 crores, demonstrating a 15.8% decline QoQ from ₹585.16 crores in Q3FY26 and a 1.8% decrease YoY from ₹501.55 crores in Q4FY25. Earnings per share in Q4FY26 was ₹1.76, down from ₹2.09 in Q3FY26 and ₹1.87 in Q4FY25, which reflects a QoQ decrease of 15.8% and a YoY decline of 5.9%. These figures suggest variations in tax expenses or operational costs impacting net profitability.

Operating Metrics

The company's total expenses for Q4FY26 were ₹1346.85 crores, marking a 4.1% increase QoQ from ₹1293.47 crores in Q3FY26 and a 4.7% increase YoY from ₹1285.91 crores in Q4FY25. This rise in total expenses over both the quarter and the year may be associated with increased operational or administrative costs. The tax expense in Q4FY26 was ₹126.51 crores, which is a 4.2% decrease QoQ from ₹132.03 crores in Q3FY26 and a 1.3% decrease YoY from ₹128.18 crores in Q4FY25. The changes in tax expenses could be attributed to various factors, including adjustments in taxable income or shifts in applicable tax regulations during the period.