NII rises 35% to ₹898 crore, while IREDA's Q3 net profit soars 38% to ₹585 crore.

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State-owned Indian Renewable Energy Development Agency Ltd (IREDA) on Friday (January 9) reported a 37.5% year-on-year increase in net profit for the quarter ended December 31, 2025 (Q3 FY26), rising to ₹584.9 crore from ₹425.4 crore in the same period last year.



The company's revenue from operations surged 38% to ₹2,140 crore, from ₹1,699 crore in the same period a year ago. Net interest income (NII) grew 34.8% to ₹897.5 crore, compared with ₹665.8 crore in Q3 FY25.

The company's CMD, Pradip Kumar Das, said, "IREDA's strong financial performance this quarter reflects our commitment to accelerating India's renewable energy transition. The growth in loan disbursements, net worth and profitability underscores the trust placed by our stakeholders." The company's loan book rose 28 per cent in Q3 to ₹

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