IREDA Share Price Dips 4.15%; Posted Q1 FY26 Results with PAT at ₹247 Crore

The Indian Renewable Energy Development Agency Ltd (IREDA), a Navratna Central Public Sector Enterprise (CPSE), announced its financial results for the quarter ended June 30, 2025.

Q1 FY26 Financial Highlights

In Q1 FY26, IREDA reported a consolidated revenue from operations of ₹1,948 crore, compared to ₹6,743 crore in the quarter ended March 31, 2025 (Q4 FY25).

Profit Before Tax (PBT) stood at ₹305 crore, compared to ₹2,104 crore in the quarter ended March 31, 2025. Profit After Tax (PAT) was ₹247 crore, compared to ₹1,698 crore in the quarter ended March 31, 2025.

IREDA Gains Approval to Issue 54EC Bonds

In a significant milestone, the Central Board of Direct Taxes (CBDT) has notified that bonds issued by IREDA are now classified as ‘long-term specified assets’ under Section 54EC of the Income Tax Act. This makes IREDA one of the few PSUs eligible to issue 54EC Capital Gains Tax Exemption Bonds, a popular tax-saving instrument for property sellers.

Investors who generate long-term capital gains from the sale of immovable property can now invest in IREDA’s 54EC bonds to avail capital gains tax exemption. Key features of the bonds include:

• Investment cap of ₹50 lakhs per financial year
• Lock-in period of 5 years
• Tax exemption under Section 54EC
• Backed by a government enterprise, adding credibility and security

Strategic Benefits for IREDA

This recognition is expected to help IREDA raise capital at lower interest rates, optimise borrowing costs, and fuel more renewable energy projects across India. Additionally, it enhances IREDA’s brand visibility and positions it as a leader in green finance.

IREDA Share Price Performance

On July 11, 2025, IREDA share price opened at ₹161.00, down from its previous close of ₹169.64. At 9:27 AM, the share price of IREDA was trading at ₹162.60, down by 4.15% on the NSE.

Also Read: JSW Energy Adds 261 MW Renewable Capacity in Q1 FY26!

Conclusion

With financial results and the new status to issue 54EC bonds, IREDA continues to solidify its position as a key enabler in India’s clean energy mission.

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