IREDA has reported strong business performance for the period ending December 31, 2025, demonstrating significant growth across all key operational metrics. The renewable energy financing company's provisional results, subject to audit, showcase robust expansion in its core lending activities.

Outstanding Performance Across Key Metrics

The company's business performance for the nine-month period reflects substantial growth momentum. IREDA achieved remarkable progress in loan disbursements, which surged by 44% year-on-year, indicating strong execution capabilities and increased market demand for renewable energy financing.

Strong Disbursement Growth Drives Performance

The most notable achievement was the 44% increase in loan disbursements, which reached ₹24,903.00 crores compared to ₹17,236.00 crores in the corresponding period last year. This substantial growth demonstrates IREDA's enhanced operational efficiency and its ability to convert sanctioned loans into actual disbursements effectively.

Loan Sanctions and Portfolio Expansion

Loan sanctions grew by 29% to ₹40,100.00 crores from ₹31,087.00 crores in the previous year, indicating strong pipeline development and increased business opportunities in the renewable energy sector. The outstanding loan book expanded by 28% to ₹87,975.00 crores, reflecting the company's growing market presence and sustained lending activities.

Regulatory Compliance and Transparency

The business performance update was filed under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to regulatory compliance and transparent communication with stakeholders. The provisional nature of these figures indicates that final audited results will be available in due course.

These strong performance indicators position IREDA favorably in the renewable energy financing landscape, with consistent growth across all major business parameters during the period ending December 31, 2025.

IREDA has announced key senior management appointments as part of its organizational restructuring, with two experienced finance professionals joining the company's leadership team on December 30, 2025.

New Senior Management Appointments

The company has made strategic appointments to strengthen its finance and audit functions:

Additional Responsibilities for Internal Audit

Following a Board of Directors meeting held on December 30, 2025, and based on the Audit Committee's recommendation, Jagdeep Singh has been appointed as Head of Internal Audit (HIA) and Internal Auditor (IA) of the company. This appointment carries a fixed tenure from January 1, 2026 to December 31, 2028, or until further orders, whichever is earlier.

Leadership Transition

The appointments come as A. Chandrashekar, who previously served as General Manager (F&A) and Head of Internal Audit, reached superannuation on December 31, 2025. This transition ensures continuity in the company's finance and audit operations.

Professional Profiles

Both new appointees bring substantial experience to their roles:

Jagdeep Singh holds a Bachelor's degree in Commerce (Honours) from Delhi University and is a Member of the Institute of Cost and Management Accountants of India. He brings over 27 years of professional experience across private and public sector organizations.

Tusarkant Parida holds a Bachelor's degree in Commerce (Honours) from Utkal University and is a Member of the Institute of Chartered Accountants of India. He contributes over 24 years of professional experience to his new role.

Regulatory Compliance

These appointments have been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all disclosure requirements as mandated by the SEBI Master Circular dated November 11, 2024, ensuring transparency in senior management changes.