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(09/01/2026 20:20)

Indian Renewable Q3 net profit up 37.50% at Rs 584.91 cr

The company reported standalone net profit of Rs 584.91 crore for the quarter ended December 31, 2025 as compared to Rs 425.38 crore in the same period last year, registering a year-on-year growth of 37.50 per cent.

Net revenue of the company rose substantially by 27.18 per cent at Rs 2,120.82 crore in October-December quarter of this fiscal as against Rs 1,667.52 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 51.10 per cent to Rs 179.15 crore from Rs 118.56 crore in year ago period.

Other Income grew by 1735.85 per cent at Rs 9.73 crore versus (Dec'24 Rs 0.53 crore).

Operating Profit surged by 23.47 per cent to Rs 1,950.72 crore as against Rs 1,579.89 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.91 per cent in December quarter.

Interest grew by 19.41 per cent y-o-y to Rs 1,232.58 crore, while Taxation increased by 17.04 per cent at Rs 132.04 crore (Dec'24 Rs 112.82 crore).

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