Indian Renewable Energy Development Agency Ltd. net profit fell 1.8% at Rs 493 crore in the fourth quarter of the previous fiscal. This is in comparison to profit of Rs 502 crore in the fourth quarter of fiscal 2025, according to its stock exchange notification on Friday.
Consolidate revenue of the mini ratna advanced by 14.2% year-on-year for the three months ended March, reaching Rs 2,175 crore in comparison to Rs 1,905 crore. Operating income, or earnings before interest and taxes rose 7.7% to Rs 1,867 crore from Rs 1,734 crore. Margins contracted to 85.8% from 91% in the same quarter of fiscal 2025.
IREDA Q4 Result Highlights (Cons, YoY)
- Net Profit down 1.8% at Rs 493 crore versus Rs 502 crore
- Revenue up 14.2% at Rs 2,175 crore versus Rs 1,905 crore
- Ebitda up 7.7% at Rs 1,867 crore versus Rs 1,734 crore
- Ebitda Margin at 85.8% versus 91%
The record date for ascertaining entitlement of final dividend for fiscal 2026 has not been set. According to the exchange filing the final dividend is subject to approval of the Members of the company at the ensuing annual general meeting. The final dividend will be paid in 30 days from the date of declaration.
ALSO READ: NMDC Q4 Result: Profit Rises 16%; Announces Final Dividend
The company has issued its first interim dividend of Rs 0.60 per share in April 2026.
IREDA Share Price Today
The earnings were announced after market close on Friday. The scrip closed 2.34% higher at Rs 133.25 apiece, this compares to a 1.5% decline in the NSE Nifty 50 index. During the day, the stock had risen as much as 4% to Rs 135.5 per share.
It has fallen 24.57% in the last 12 months and 4.75% year-to-date.
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