IREDA reports 27% rise in loan sanctions in FY25; check key details, share price trend

The PSU had sanctioned loans worth ₹37,354 crore in the previous year, IREDA said in a statement.

Last seen, the stock was trading at ₹161.20, up 0.37% on the BSE.

Loan disbursements rose 20% to ₹30,168 crore from ₹25,089 crore logged in 2023-24, as per the provisional data shared by the company.

The outstanding loan book also expanded 28% to reach ₹76,250 crore as of March 31, 2025, up from ₹59,698 crore in the previous year.

IREDA CMD Pradip Kumar Das said, "Our consistent growth in loan sanctions, disbursements, and loan books reflects our strong dedication to financing renewable energy projects. We remain committed to supporting India's clean energy transition through innovative and accessible financing solutions."

Last week, IREDA's board approved a borrowing programme of up to ₹30,800 crore for the financial year 2025-26.

The borrowing includes fundraising through taxable bonds and others, the company said in a regulatory filing.

“In compliance with the provision of Regulation 30 and 51(2) read with Schedule III of SEBI (LODR) Regulation 2015, this is to inform that the Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) in its meeting held today, i.e., Tuesday, March 25, 2025, inter alia, has approved the borrowing programme up to ₹30,800 crore for FY 2025-26,” IREDA said in a statement.

Earlier this month, IREDA’s board of directors had approved the enhancement of the borrowing programme for FY25 by ₹5,000 crore. The company’s borrowing limit for FY 2024-25 had been increased to ₹29,200 crore from the previous ₹24,200 crore.

During the October-December quarter (Q3 FY25), IREDA’s revenue from operations jumped 36% year-on-year (YoY) to ₹1,698 crore, while net profit for the quarter also increased 27% YoY to ₹426 crore.

Shares of IREDA have rallied nearly 12.5% in the past 12 months.