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Indian Renewable Energy Development Agency Ltd. ( (IN:IREDA) ) just unveiled an announcement.
Indian Renewable Energy Development Agency Limited has released its audited standalone interim financial statements for the nine months ended 31 December 2025, with joint statutory auditors Shiv & Associates and Rao & Emmar concluding that the accounts present a true and fair view in line with Indian Accounting Standard 34, RBI guidelines and generally accepted accounting principles in India. The auditors highlighted that certain accounts which would ordinarily be classified as Stage III non-performing assets under RBI prudential norms have been treated as standard (Stage II) in line with interim court orders, with interest on these loans recognized on a collection basis and impairment allowances adjusted accordingly, and also noted that management has applied 100% risk weight to these assets, resulting in a restated capital adequacy ratio of 15.52% as of 31 December 2024, a point of interest for regulators, investors and lenders monitoring the company’s asset quality and capital position.
More about Indian Renewable Energy Development Agency Ltd.
Indian Renewable Energy Development Agency Limited (IREDA) is a government-backed financial institution focused on promoting and financing renewable energy and energy efficiency projects in India. Operating within the renewable energy financing sector, it provides loans and financial products to developers and operators of clean energy assets, playing a key role in supporting the country’s energy transition and meeting regulatory and policy-driven green energy goals.
Average Trading Volume: 574,637
Technical Sentiment Signal: Sell
Current Market Cap: 410.1B INR
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