What IREDA filed
Indian Renewable Energy Development Agency Limited (IREDA) filed its audited **Consolidated Interim Financial Statements** for the half-year ended 30 September 2026, covering IREDA and its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Ltd (IGEFIL) — together the Group. The joint auditors issued an unmodified opinion dated 19 October 2026.
The auditors flagged an Emphasis of Matter on the constitution of the audit committee and the adoption of the financial statements, noting the opinion is not modified in respect of it. Per the filing, the accounts were reviewed by an Audit Committee consisting of one Independent Director and two Non-Executive Directors, pending appointment of the requisite number of Independent Directors by the Government of India.
The half-year picture
Per the filing, the Group's half-year profit grew over the prior-year period, and total income also rose. The loan book expanded over the year and total borrowings rose correspondingly, lifting the debt-equity ratio.
Impairment on financial instruments was higher year-on-year, while gross NPAs as a share of renewable-energy advances eased slightly. The filing notes the Group classified certain accounts as Stage II / Standard rather than Stage III, aggregating ₹386.76 crore, in terms of interim orders of High Courts, with interest on such accounts recognised on a collection basis.
Capital, dividend and other disclosures
The filing states IREDA's Capital to Risk-weighted Assets Ratio (CRAR) stood at 19.83% as at 30 September 2026, against the regulatory minimum of 15%. During the period the Company issued ₹1,500 crore of taxable unsecured bonds under Series XVIII-A.
A final dividend of ₹0.75 per equity share for FY 2025-26, approved at the AGM held on 29 September 2026, was paid in October 2026. The filing also discloses three fraud cases aggregating ₹672.74 crore reported to the RBI during the period, including the Gensol Engineering group accounts, and penalties of ₹2,02,960 and ₹14,19,540 levied by the stock exchanges for LODR non-compliance relating to board composition.