Indian Renewable Energy Development Agency (IREDA) Q4 25/26 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, showing strong growth in income and profitability year-over-year.

• Final dividend of ₹0.75 per share recommended, totaling ₹1.35 per share for FY 2025-26, including interim dividend.

• No audit qualifications in the reports for both standalone and consolidated financials.

Financial highlights

• Standalone total income for FY 2025-26 was ₹8,337.48 crore, up from ₹6,754.78 crore in FY 2024-25.

• Standalone net profit after tax for FY 2025-26 was ₹1,873.34 crore, up from ₹1,698.60 crore year-over-year.

• Consolidated total income for FY 2025-26 was ₹8,338.89 crore, with consolidated net profit after tax at ₹1,874.00 crore.

• Earnings per share (EPS) for FY 2025-26 stood at ₹6.73 (standalone and consolidated).

• Net worth increased to ₹13,781.35 crore (standalone) and ₹13,785.42 crore (consolidated) as of March 31, 2026.

Outlook and guidance

• Board approved further equity raising via QIP up to ₹2,994 crore, with government shareholding not to dilute more than 3.76% post-issue.

• Focus remains on supporting India's clean energy transition and exploring new business opportunities in renewable and climate mitigation technologies.