IREDA Q2 Profit Soars 41.5%, Shares Dip on Booking

Indian Renewable Energy Development Agency (IREDA) reported a 41.5% year-on-year increase in net profit for Q2 FY26. Despite robust operational metrics and record disbursements, its shares fell ~2.6% as investors booked gains. IREDA’s loan disbursements and collections also grew strongly, reaffirming its role in green finance. The market reaction underscores the tension between fundamentals and short-term profit taking.