IREDA Half-Year FY26: 31% Loan Book Growth Shows Strong Financial Momentum

India’s clean energy lender is slowly turning heads. Numbers for April to September 2025 say a lot more than any press meet.

Hard to ignore this now. While private players hesitate, one government-backed name has quietly pushed ahead. The IREDA half-year financial performance FY26, released in late September 2025, says their loan book grew by 31 percent, touching ₹84,445 crore.

Not a small step. The same number stood at ₹64,564 crore during the same period in 2024.

So yes, something has changed.

What Is Behind The Rise In IREDA Loan Book Growth FY26?

The latest IREDA loan book growth analysis FY26 shows sharp jumps, not just on paper, but in how fast loans are now moving.

A LoansJagat report Sanctions during April–September reached ₹33,148 crore. That’s 86% more than last year. Disbursements? About ₹15,043 crore, a rise of 54%. Fast action, fewer delays.

Sometimes, things speed up when pressure builds. Developers needed cash, IREDA responded quicker than before. That’s how it reads anyway.
 

The data was published officially on IREDA’s site and confirmed by the Press Information Bureau. No fluff there, just clean numbers.

What Do IREDA’s Half-Year FY26 Results Tell Us?

The numbers didn’t stop at loans. The Indian Renewable Energy Development Authority results FY26, announced by PIB on 30 October 2025, gave more details.

Revenue from operations reached ₹2,424 crore in Q2. That’s 26% higher than last year.

Profit after tax? ₹549 crore, which is 41% up. Also, their net worth rose by 38%, sitting now at ₹12,920 crore.

These are not wild spikes. Just steady growth. It feels like real work behind it.
 

The IREDA strong financial report first half FY26 also mentioned growth in green hydrogen and ethanol projects. Not just solar and wind anymore.

How Does This Connect With Past IREDA Coverage?

Yes. Earlier this year, a LoansJagat article titled Why Is IREDA Sanctioning More Loans? highlighted the agency’s faster approval process and flexible loan terms. The current half-year results seem to confirm that shift. The lender is no longer limited to traditional renewable projects, it’s diversifying across new-age clean energy segments.

That consistency shows a maturing financial model rather than short-term growth.

What Changed in Government Policy to Support IREDA?

A few years ago, the picture wasn’t this smooth. In FY23, the Ministry of New and Renewable Energy (MNRE) had raised concerns about delays in loan disbursements and underutilisation of funds.

After that, reforms followed.

IREDA was granted the Infrastructure Finance Company (IFC) status, allowing it to raise cheaper bonds and offer better loan terms to developers. This tag changed its funding base and lowered costs, a key reason why FY26 numbers now look more stable and confident.

The result is clear: IREDA is finally doing what policymakers envisioned years ago, becoming a self-sustaining green finance leader.

Conclusion

The IREDA half-year FY26 results tell a story of quiet but solid progress. Loan growth, faster sanctions, and rising profits show that the company is finding its rhythm.

With India’s renewable energy targets expanding and private players still cautious, IREDA’s growing financial strength could make it a central player in financing the next wave of green projects. It’s steady, focused, and for once, ahead of schedule.
 

Apply for Loans Fast and Hassle-Free

Apply Now

About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.