IREDA Share Price in Focus; Board Approves to Raise Funds Worth ₹2994 Crore Via QIP 

Indian Renewable Energy Development Agency (IREDA), a state-run NBFC, has approved a plan to raise fresh capital amount to ₹2,994 through the qualified institutions placement (QIP) route to strengthen its funding base and support future lending. 

Fundraising Decision and About the Company  

The board approved a ₹2,994 crore capital raise through the QIP route, with shares to be issued in 1 or more tranches. The structure ensures that government ownership will not dilute beyond 3.76% of the post-issue paid-up equity share capital. The proposal will move ahead subject to shareholder approval and other regulatory clearances.  

IREDA is a government-owned non-banking financial company that provides funding for renewable energy and energy efficiency projects across India, supporting sectors such as solar, wind, hydro and bioenergy while playing a key role in advancing the country’s clean energy transition. 

IREDA Q3FY26 Earnings Results 

IREDA reported a 15.4% year-on-year rise in consolidated net profit to ₹1,381.36 crore for the December quarter, while revenue from operations increased by 28.2% to ₹6,041.82 crore. For the nine months ended December 31, 2025, revenue from operations grew 27% YoY to ₹6,135 crore. Profit before tax rose 17% to ₹1,718 crore, and profit after tax increased 15% to ₹1,381 crore. 

Operational performance also remained strong. Loan sanctions increased 29% YoY to ₹40,100 crore, while loan disbursements rose 44% YoY to ₹24,903 crore, reflecting continued growth in demand for renewable energy financing. 

Read More: IREDA Share Price Rises 3%; Profit Rises in Q3 FY26 Results! 

IREDA Share Price Performance  

As of February 9, 2026, at 9:16 AM, IREDA share price is trading at ₹129.66 per share, reflecting a surge of 1.07% from the previous closing price. Over the past month, the stock has declined by 5.09%.  

Conclusion  

The QIP approval strengthens IREDA’s capital base to support rising renewable energy financing needs. With strong profit growth, higher loan sanctions and robust disbursements, the company is well positioned to scale operations while maintaining controlled government dilution and regulatory compliance. 

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