New Delhi: REC Limited, a Maharatna public sector enterprise under the Ministry of Power, has declared its second interim dividend of ₹4.60 per share for FY2025-26, on the back of record-breaking financial performance in the first half of the fiscal.
This takes the total interim dividend for FY26 to ₹9.20 per share (on a face value of ₹10), reflecting strong shareholder value creation.
- Financial Performance Highlights: H1 FY26 vs H1 FY25 (Standalone)
- Profit After Tax (PAT): ₹8,877 crore — up 19% (highest-ever for the company)
- Disbursements: ₹1,15,470 crore — up 27% from ₹90,955 crore
- Total Income: ₹29,828 crore — up 12%
- Net Interest Income: ₹10,608 crore — up 15%
- Annualised EPS: ₹67.24 — up from ₹56.56 (↑19%)
Q2 FY26 Performance
- Sanctions: ₹1,49,832 crore — up 97% from ₹76,200 crore in Q2 FY25
- Net Credit-Impaired Assets: Down to 0.24% from 0.88% YoY
- Provision Coverage Ratio: 77.06%
- Loan Book: ₹5.82 lakh crore, up from ₹5.46 lakh crore YoY
- Net Worth: ₹82,739 crore as of Sept 30, 2025
Read also: T S C Bosh Takes Charge as Director (Projects) at REC Limited | Know the Power Sector Veteran
Strong Operational Efficiency
REC has sustained its spread at 2.89% and Net Interest Margin (NIM) at 3.64%, indicating operational stability across verticals. The significant improvement in asset quality and consistent earnings performance has contributed to robust net worth growth and higher shareholder returns.
Management Outlook
The company emphasized its focus on maintaining healthy profitability and prudent asset management, positioning itself as a key financial institution in India’s power and infrastructure financing space.
The interim dividend will benefit long-term shareholders and reflects confidence in the company’s financial fundamentals.
About REC Limited
REC Limited is a Maharatna CPSE under the Ministry of Power, primarily engaged in financing power infrastructure across the generation, transmission, distribution, and renewable energy segments. Over the years, it has diversified into non-power infrastructure as well.
Read also: REC Limited Wins Sustainability Icons Award 2025 for Excellence in ESG Initiatives
