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Indian Renewable Energy Development Agency Ltd. ( (IN:IREDA) ) has shared an update.
Indian Renewable Energy Development Agency Limited has released its audited consolidated interim financial statements for the nine months ended 31 December 2025, with the independent auditors concluding that the accounts give a true and fair view of the group’s financial position and performance in accordance with Indian Accounting Standards. The auditors highlighted two key matters: certain loans totaling ₹400.24 crore that would ordinarily be treated as non-performing assets have been classified as standard loans under interim High Court orders, with interest recognized on a collection basis and impairment allowances made accordingly; and the company has restated its capital adequacy ratio for the prior corresponding period after increasing the risk weight on seasoned renewable energy project assets from 50% to 100% in line with Reserve Bank of India directions, reducing the previously reported CRAR from 19.63% to 15.52%, though these points did not lead to any modification of the audit opinion.
More about Indian Renewable Energy Development Agency Ltd.
Indian Renewable Energy Development Agency Limited (IREDA) is a government-backed financial institution focused on funding renewable energy and related clean energy infrastructure projects in India. Operating as a specialized lender in the green energy space, it provides loans and other financial support to renewable energy developers, contributing to the country’s transition to sustainable power sources.
Average Trading Volume: 574,637
Technical Sentiment Signal: Sell
Current Market Cap: 410.1B INR
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