IREDA Q2 profit doubles, revenue up 26% on strong growth
Indian Renewable Energy Development Agency (IREDA), a leading green energy financing PSU, jumped 5% after reporting a strong Q2 FY26 performance. The company's revenue rose 26% year-on-year to ₹2,030 crore, while net profit doubled to ₹549 crore. GNPA stands at 3.97% and NNPA at 1.97%, and the cost of borrowing fell to 7.24%.