Quarterly Result29 May 2026, 10:51 pm
IREDA Reports Audited Standalone Financials for FY26
AI Summary
Indian Renewable Energy Development Agency Ltd (IREDA) has announced its audited standalone financial statements for the year ended March 31, 2026. The audit report, conducted by Shiv & Associates and Rao & Emmar, provides an opinion that the financial statements present a true and fair view in accordance with Indian Accounting Standards and the Companies Act 2013. The report includes notes on the audit committee's constitution, compliance with RBI's IRACP norms, Capital Risk Adequacy Ratio (CRAR), classification of certain accounts, and disclosure on the New Labour Law Framework.
Key Highlights
- Audited standalone financial statements for FY26 are reported.
- CRAR stands at 20.59% as of March 31, 2026, including a 1.83% increase due to revised risk-weight framework.
- ₹394.00 crores classified as Stage II/Standard instead of Stage III/NPA due to High Court orders.
- Interest income on NPA accounts recognized on a collection basis.
- Company adopted NBFC Prudential Norms on Capital Adequacy Amendment Directions, 2026.
Price Impact
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