IREDA’s Q1 Revenue Up 15% on Higher Loan Interest Accruals
The government-owned lender’s profit rose 37% in Q1 FY 2027
August 21, 2026
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a revenue from operations of ₹22.5 billion (~$235.2 million) in the first quarter (Q1) of the financial year (FY) 2027, up 15% year-over-year (YoY) compared with ₹19.48 billion (~$203.6 million).
Where clean energy's most influential leaders get their intelligence
Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.
Already have an account? Sign In
Melvin Mathew
More articles from Melvin Mathew.
