# Ireda Profit Rises to Rs 554 Cr in Q3

> State-owned Ireda's net profit grows to Rs 554 crore for September quarter.
- Title: Ireda Profit Rises to Rs 554 Cr in Q3 · The Economic Times
- Summary: State-owned Ireda's net profit grows to Rs 554 crore for September quarter. Ireda reported a Rs 554 crore net profit for September quarter, up from Rs 549…
- Keywords: ireda, net profit, renewable energy, loan disbursement, financial results, q2 fy27, money, business, Profit, Rises, 554, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/ireda-net-profit-grows-to-rs-554-cr-in-sep-qtr/articleshow/135051929.cms
- Author: PTI
- Published: 2026-10-19T15:59:00+00:00
- Read time: 1 min
- Topics: ireda, net profit, renewable energy, loan disbursement, financial results, q2 fy27, money, business
## Ireda Profit Growth
State-owned Ireda reported a marginal rise in standalone net profit to Rs 554 crore for September quarter.
## Revenue and Loan Growth
Revenue from operations rose 14 per cent to Rs 2,345 crore, loan disbursement increased 31 per cent to Rs 10,579 crore.
## Loan Book Expansion
Loan book grew 15 per cent to Rs 97,411 crore from Rs 84,477 crore in Q2 FY26.
## Net Worth Increase
Net worth grew 11 per cent to Rs 14,337 crore during the quarter compared to Rs 12,920 crore a year earlier.
## Chairman Statement
Chairman Bijay Kumar Mohanty noted 31 per cent loan disbursement rise and 15 per cent loan book growth reflecting renewable energy demand.

> Our Q2 FY27 performance reflects the continued strength of Ireda's business fundamentals and focus on quality growth. 31 per cent rise in loan disbursements, along with 15 per cent growth in the loan book, underscores the sustained demand for renewable energy financing across the country.
## Asset Quality Improvement
Net NPAs declined to 1.08 per cent from 1.97 per cent, showing improved risk management.

> Equally significant is the sharp improvement in our asset quality, with Net NPAs declining to 1.08 per cent from 1.97 per cent, reflecting the strength of our risk management framework and monitoring
## Key takeaway

Ireda reported a Rs 554 crore net profit for September quarter, up from Rs 549 crore in previous quarter.