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India's IREDA reports 41% profit rise in Q3 2025, fueled by increased clean energy loans and revenue.
IREDA, India's state-owned renewable energy financing agency, reported a 41% year-on-year increase in net profit to ₹549 crore for the July-September 2025 quarter, driven by a 26% rise in revenue and a surge in loan disbursements and sanctions.
The loan book expanded to ₹84,477 crore, up 31% from the prior year, while net worth grew 38%.
Despite rising non-performing assets, the agency’s strong performance was praised by Union Minister Pralhad Joshi, who highlighted its role in advancing India’s clean energy transition.
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El IREDA de la India informa un aumento del 41% en las ganancias en el tercer trimestre de 2025, impulsado por el aumento de los préstamos y los ingresos por energía limpia.