IREDA shares in focus after Q1 profit drops 36% YoY to ₹247 crore

IREDA shares are likely to be in focus after the company posted a 36% YoY drop in Q1FY26 net profit to ₹247 crore, hit by a sharp rise in expenses. Despite a 29% increase in interest income, higher finance costs, exchange losses, and employee expenses weighed on profitability.