https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

REC Reports Highest-Ever Quarterly Profit of Rs4,451 Crore in Q1 FY26; Declares Interim Dividend of Rs4.60 Per Share

REC posts record ₹4,451 crore profit in Q1 FY26, up 29% YoY; disburses ₹59,508 crore and declares ₹4.60/share dividend amid strong renewable push.
Indian Masterminds Stories

New DelhiREC Limited, a Maharatna public sector enterprise under the Ministry of Power, has posted its highest-ever quarterly net profit of ₹4,451 crore for the quarter ended June 30, 2025 (Q1 FY26), representing a 29% year-on-year growth compared to ₹3,442 crore in Q1 FY25.

The Board of Directors approved the company’s standalone and consolidated financial results at its meeting today.

Key Financial and Operational Highlights (Q1 FY26 vs Q1 FY25)

  • Net Profit: ₹4,451 crore vs. ₹3,442 crore — up 29%
  • Total Income: ₹14,734 crore vs. ₹13,037 crore — up 13%
  • Net Interest Income: ₹5,247 crore vs. ₹4,474 crore — up 17%
  • Disbursements: ₹59,508 crore vs. ₹43,652 crore — up 36%
  • Includes 35% growth in disbursements to the renewable energy sector
  • Return on Net Worth (RoNW): 22.63% vs. 19.51% — up 312 basis points
  • Net Interest Margin (NIM): 3.74%
  • Spreads Maintained: 2.96%
  • EPS (Annualised): ₹67.60 vs. ₹52.28 — up 29%

Read Also: REC Limited Invites IAS Officers to Apply for Executive Director Post on Deputation; Apply by July 16

Strong Loan Growth & Improved Asset Quality

REC’s loan book grew to ₹5.85 lakh crore, compared to ₹5.30 lakh crore a year earlier. The company also reported a sharp improvement in asset quality, with net credit-impaired assets declining to just 0.24%, down from 0.82% in the previous year. The Provision Coverage Ratio stood at 77.05%, reflecting prudent risk management.

Dividend Declaration

In recognition of its strong financial performance and in line with its shareholder-centric approach, REC’s Board declared an interim dividend of ₹4.60 per equity share (on a face value of ₹10 each).

Strategic Focus and Outlook

REC attributed the robust growth to consistent performance across lending verticals, particularly the renewable energy sector, and disciplined financial management. With healthy margins and sustained profitability, the company continues to play a key role in funding India’s energy and infrastructure development goals.

Read Also: REC Limited Sets Up 2 New Subsidiaries to Power Maharashtra’s Transmission Grid – Details Inside

About REC Limited

REC Limited is a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, Government of India. Established in 1969, REC is a leading non-banking financial company (NBFC) that finances power generation, transmission, distribution, and infrastructure projects. It is a key partner in India’s transition to a sustainable energy future, with an increasing focus on green energy financing.

REC is listed on the BSE and NSE and is known for its strong balance sheet, high profitability, and minimal non-performing assets. The company’s expanding portfolio now includes sectors such as roads, ports, IT infrastructure, and urban development.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
ONGC_resized
India’s Energy Push: ONGC, APM Pipavav Sign ₹37,000 Cr Deal for Offshore Logistics Base
Ashwini Vaishnaw Rail Minister
Railway Minister Ashwini Vaishnaw to Inaugurate IREE 2025, Asia’s Largest Railway Equipment Exhibition in New Delhi
IRS Officer Indian revenue Services
ACC Approves Promotion of 16 IRS (Customs & Indirect Taxes) Officers to Apex Grade of Principal Chief Commissioner/Principal DG
IAS Vishakha Yadav
Meet IAS Vishakha Yadav (UPSC AIR 6): The Engineer-Turned-IAS Officer Who Welcomed PM Modi in Arunachal
Ministry of Coal
Coal PSUs Announce Performance Linked Reward of Rs 1,03,000 for 2.5 Lakh Non-Executive Workers; PLR to Boost Morale and Productivity
BSNL
BSNL to Roll Out 97,500 Indigenous 4G Towers Worth ₹37,000 Crore; PM Modi to Inaugurate in Odisha
OP Singh Mumbai
International Fire Safety Conference 2025: Former DGP O.P. Singh Advocates for Drones and Digital Solutions
Indias Automobile sector auto segment
Big News for Auto Sector: India Tightens CAFE 3 Norms from 2027; Relief for Small Petrol Cars, Boost for EVs & Hybrids
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
How Siddhartha Saxena Cracked UPSC CAPF AIR 326 Against All Odds
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
ADVERTISEMENT
UPSC Stories
Abhay Daga IPS UPSC Success Story
IIT Graduate, Microsoft Alum, Actor, to Cracking UPSC CSE: The Story of Abhay Daga
Read the inspiring journey of Abhay Daga, an IIT graduate, Microsoft alum, and actor, who cleared UPSC...
Rishav Awasthi MPPSC Risabh Awasthi MPPCS
Family’s Dream, His Determination: How Small-Town Dreamer Rishav Awasthi Conquered MPPSC 2024 with Rank 2 | Exclusive
After two failed attempts, Rishav Awasthi secured Rank 2 in MPPSC 2024, driven by family support, self-study,...
Harshita Dave MPPSC 2024
The Girl Who Turned Dreams Into a Deputy Collector Post at 22: Meet MPPSC 2024 Women Topper Harshita Dave
At just 22, Harshita Dave topped MPPSC 2024, becoming the women topper and securing Rank 5. Her journey...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
ONGC_resized
India’s Energy Push: ONGC, APM Pipavav Sign ₹37,000 Cr Deal for Offshore Logistics Base
Ashwini Vaishnaw Rail Minister
Railway Minister Ashwini Vaishnaw to Inaugurate IREE 2025, Asia’s Largest Railway Equipment Exhibition in New Delhi
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
Dr. S.K
IFS Uttam Kumar Sharma Interview
ADVERTISEMENT
ADVERTISEMENT