IREDA Stock Price - ₹113.00 | Financial Services

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Company insights, generated from the most recent coverage.

₹672.74 crore Gensol fraud exposure could increase GNPA by ~70-75 bps, significantly impacting asset quality metrics.
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Additional ~₹101 crore provisioning (15%) required against Gensol fraud, hitting near-term profitability after 85% already provided.
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CBI FIR reveals critical due diligence failures, including forged letters to credit rating agencies and undetected fund diversion through complex routing.
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The Quarter story

The two most recent quarterly results, compared side-by-side.

IREDA expands its loan portfolio and improves asset quality, though rising interest costs and narrowing spreads weigh on profitability.

Net NPA ratio falls from 2.06% in Q1 FY26 to 1.23% in Q1 FY27, reflecting stronger asset quality.

Interest Expense rises from ₹1,218 Cr in Q1 FY26 to ₹1,341 Cr in Q1 FY27, increasing the funding burden.

Net Interest Margin improves from 3.60% in Q1 FY26 to 3.75% in Q1 FY27, sustaining core profitability.

Interest Spread narrows from 2.63% in Q3 FY26 to 2.34% in Q1 FY27, compressing lending margins.

Loans grow from ₹78,149 Cr in Q1 FY26 to ₹91,666 Cr in Q1 FY27, confirming steady portfolio expansion.

Yield on Loan Assets drops from 9.95% in Q1 FY26 to 9.46% in Q1 FY27, reducing returns on the loan book.

Provision Coverage Ratio rises from 51.10% in Q1 FY26 to 68.22% in Q1 FY27, strengthening risk buffers.

Bank Balance falls from ₹1,642 Cr in Q3 FY26 to ₹565 Cr in Q1 FY27, tightening short-term liquidity.

Operating Profit holds from ₹677 Cr in Q1 FY26 to ₹841 Cr in Q1 FY27, maintaining stable earnings before interest.

Impairment on Financial Instruments jumps from ₹129 Cr in Q3 FY26 to ₹419 Cr in Q1 FY27, signaling higher credit losses.

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In the news

IREDA, Godrej raise ₹4,165 cr through bond issuances

IREDA Q4 PAT drops 15.81% QoQ to ₹493 cr, stock falls 24% YoY

IREDA's FY26: Green Finance Growth Meets Prudent Risk Management

IREDA shares drop 4% post Q4 results despite record annual profit

IREDA declares ₹0.60 interim dividend for FY26; record date April 2

IREDA Board Meeting This Week for Potential First Dividend

IREDA board approves ₹75,800 crore enhanced borrowing plans

IREDA Q3 profit jumps 38% YoY to ₹585 cr; loan book grows 28%

IREDA Q3 Results: Strong Growth Expected Amid Technical Recovery

IREDA Shares Soar on Massive Loan Growth! Investors Rejoice as Renewable Energy Giant Reports Stellar Q3 Update

IREDA Shares Rise 2% as Q3 Loan Disbursements Jump 44% to ₹24,903 Cr

IREDA