REC Board Declares Financial Results for FY’25; PAT Pegged at Rs. 15,713 Cr.

New Delhi:   Board of Directors of  Maharatna PSU,  REC Limited  approved  Standalone  audited and  consolidated financial  results for financial year 2024-25 here  on Thursday.  Owing to growth in all the verticals, resetting of interest rates on loan assets and effective management of Finance Cost, REC is able to maintain its spreads and NIMs resulting in robust profit after tax of ₹15,713 crore.  As a result, the Earnings Per Share (EPS) for the year ended March 31, 2025 accelerated to ₹59.55 (Annualized) per share as against ₹53.11 per share  in previous year, according to a company press note.

Asset Under Management has maintained its growth trajectory and has increased  to ₹5.66 lakh crore  as  against ₹5.09 lakh crore. The Net credit-impaired assets reduced to 0.38% from 0.86% post resolution of five credit impaired loan assets having aggregate amount of ₹6,171 crore during the FY 2024-25.  Indicating the ample opportunity to support the future growth, the Capital Adequacy Ratio (CRAR) of the Company stands at a comfortable 25.99% as on March 31, 2025.

Continuing with the tradition to reward its shareholders, the Board of Directors  has recommended final dividend of ₹2.60 per equity share, subject to approval by the  shareholders in the ensuing AGM of the Company. The total dividend per share FY’25 will be  ₹18/- as compared to ₹16/- for  FY’24.

REC is a Power  sector  ‘Maharatna’ PSU, Non-Banking finance ompany and Infrastructure Financing Company.  REC is financing the  power-infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. Recently REC  has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc.

REC Limited provides loans of various maturities to State, Central and Private Companies  and flagship schemes of the Government  and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has also been made the nodal agency for PM Surya Ghar Muft Bijli Yojna from Central Government. 

The Loan Book of REC stands at ₹5.65 lakh crore, Market capitalization at ₹1,31,844 crore and Net Worth at ₹76,502 crores as on 31 Dec 2024  as per the press note.