State-owned Indian Renewable Energy Development Agency Ltd (IREDA) declared an interim dividend of ₹0.60 per equity share for the financial year 2025-26 on Wednesday, March 25. According to reports from CNBC TV18 and ET Now, the dividend amounts to 6% on the face value of ₹10 per equity share. The company has fixed April 2, 2026, as the record date to determine shareholder eligibility, with the dividend payment scheduled within 30 days of declaration. The board of directors approved the interim dividend at its meeting held on the same day. This marks the first time IREDA has paid a dividend to its shareholders, making it a historic milestone for the state-owned renewable energy financing company.
IREDA reported robust financial results for the quarter ended December 31, 2025 (Q3 FY26), as reported by CNBC TV18 and ET Now. The company's net profit increased 37.5% year-on-year to ₹584.9 crore from ₹425.4 crore in the same period last year. Revenue from operations surged 38% to ₹2,140 crore, compared with ₹1,699 crore in Q3 FY25. Net interest income (NII) grew 34.8% to ₹897.5 crore, up from ₹665.8 crore in Q3 FY25. The latest ET Now report confirms these figures and adds that IREDA registered a 15.4% YoY jump in consolidated net profit at ₹1,381.36 crore in Q3 FY26, with revenue from operations reporting a 28.2% growth year-on-year.
The company demonstrated strong operational growth across key business segments, according to CNBC TV18 reports. IREDA's loan book rose 28% in Q3 to ₹87,975 crore from ₹68,960 crore in the year-ago quarter. Disbursements jumped 32% to ₹9,860 crore, compared with ₹7,449 crore in October-December FY25. Net worth increased to ₹13,537 crore from ₹9,842 crore, representing a 38% rise. The ET Now report confirms these figures and adds that the company's revenue from operations for 9 months ended December 31, 2025, stood at ₹6,135 crore, registering a 27% year-on-year growth compared to ₹4,838 crore in the corresponding period last year.
Shares of India Renewable Energy Development Agency Ltd ended at ₹119.20, down ₹4.80 or 4.20% on the BSE, as reported by CNBC TV18 and ET Now. The stock movement occurred following the announcement of both the interim dividend and the company's robust Q3 results. However, the ET Now report indicates that shares had gained 1.06% in the last one week despite the daily decline. The stock has shown mixed performance over longer periods, declining 4.91% in one month, 13.69% in three months, 20.67% in six months, and 29.82% in one year, with a 14.46% decline on a year-to-date basis. The positive market response to the dividend declaration reflects investor confidence in the company's financial performance and this historic first dividend payment.
