REC DECLARES 1ST INTERIM DIVIDEND OF Rs. 4.60 PER SHARE
Delhi, July 24, 2025: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter ended June 30, 2025.
Operational and Financial Highlights: Q1 FY26 vs Q1 FY25 (Standalone)
- Disbursements: Rs. 59,508 crore vs. Rs. 43,652 crore, up by 36% out of which disbursement to renewable sector is up by 35%
- Total income: Rs. 14,734 crore vs. Rs. 13,037 crores, up by 13%
- Net interest income: Rs. 5,247 crore vs. Rs. 4,474 crore, up by 17%
- Net Profit: Rs. 4,451 crore vs. Rs. 3,442 crore, up by 29%
- Return on net worth: 22.63% vs 19.51%, up by 312 bps
Owing to growth in all the verticals, REC is able to maintain its spreads at 2.96% and NIM at 3.74%, resulting in robust quarterly profit after tax of Rs. 4,451 crore. As a result, the Annualised Earnings Per Share (EPS) for the period ended June 30, 2025 accelerated by 29% to Rs. 67.60 per share as against Rs. 52.28 per share as at June 30,2024.
The loan book has maintained its growth trajectory on sustained basis to Rs. 5.85 lakh crore as on June 30, 2025. The net credit-impaired assets as on June 30, 2025 have reduced to 0.24% from 0.82% as on June 30, 2024 with Provision Coverage Ratio of 77.05% on NPA assets, as on June 30, 2025 and during the quarter, one NPA Asset has been resolved.
Aided by growth in profits, the Net Worth has grown to Rs. 79,688 crore as on June 30,2025.
Continuing with the tradition to reward its shareholders, the Board of Directors of the Company has declared the interim dividend of Rs. 4.60 per equity share (on face value of Rs. 10/- each).
