The stock of Indian Renewable Energy Development Agency (IREDA) is set to be a key point of discussion among investors on Monday, January 12, following the release of its robust financial performance for the December 2025 quarter. The state-owned renewable energy financier announced its results after market hours on Friday, showcasing significant growth in both profit and revenue.
IREDA's Quarterly Performance: A Closer Look
IREDA reported a consolidated net profit of ₹1,381.36 crore for the quarter ended December 31, 2025. This marks a healthy 15.4% increase compared to the same period in the previous fiscal year. The company's operational revenue witnessed an even stronger surge, growing by 28.2% year-on-year to reach ₹6,041.82 crore, up from ₹4,714.25 crore in Q3 of FY25.
For the nine-month period ending December 31, 2025, the company's revenue from operations stood at ₹6,135 crore, a 27% rise from ₹4,838 crore a year ago. Profit before tax for these nine months climbed 17% to ₹1,718 crore, while profit after tax increased by 15% to ₹1,381 crore.
Market Reaction and Analyst Perspectives
Despite the strong numbers, IREDA's share price closed 2.89% lower at ₹137.10 on Friday. The stock has faced recent pressure, declining 6% over the last five trading sessions and over 14% in the past six months. However, it's crucial to note the stock's phenomenal long-term performance, delivering multibagger returns of 118.49% since its listing in November 2023.
Pradip Kumar Das, Chairman and Managing Director of IREDA, attributed the strong performance to the company's commitment to India's green energy transition. "IREDA's strong financial performance this quarter reflects our commitment to accelerating India's renewable energy transition. The growth in loan disbursements, net worth and profitability underscores the trust placed by our stakeholders," Das said.
Analysts have provided mixed views on the stock's future path. Seema Srivastava, Senior Research Analyst at SMC Global Securities, highlighted the company's strong growth trajectory and robust project pipeline. She also noted IREDA's strong capital adequacy ratio of 19.5% as a solid foundation for future expansion.
Technical Outlook and Investment Advice
Anshul Jain, Head of Research at Lakshmishree, presented a cautious technical perspective. He pointed out that the IREDA stock has spent nearly 200 days testing the ₹136 support level. Jain stated that the repeated tests of this support increase the probability of a breakdown, which could lead to a swift decline towards ₹121. Conversely, a successful defense of the ₹136 level, backed by the positive results, could trigger a relief rally towards the ₹151-156 resistance band.
Jain advised traders to remain reactive rather than predictive around this critical zone, as the risk-reward scenario remains binary. The broader market will closely watch the stock's movement on Monday to gauge investor sentiment following the earnings announcement.
