IREDA Q2 FY26 Profit Surge & Lower Cost

  Published 7 months ago

IREDA's Q2 FY26 shows strong profit growth, lower borrowing cost, and stable loan yields overall.

  • Profit before tax rose 51.41% to Rs 696.39 crore, operating profit up 54% YoY in the quarter.
  • Borrowing cost fell to 7.24%, and net interest margin rose 3.72%, improving profitability margins for IREDA.
  • Yield on loan assets stayed near 9.9%, provision coverage at 51.48%, indicating asset quality is stable.

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