REC clocks Highest ever Quarterly profit at ₹4,451 Cr
An Interim Div of ₹4.60 Per Share announced by the Board of Directors
Delhi: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter ended June 30, 2025, as per a company press release.
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 ₹4,451 crore. As a result, the Annualised Earnings Per Share (EPS) for the period ended June 30, 2025 accelerated by 29% to ₹67.60 per share as against ₹52.28 per share as at June 30 last year.
The release avers the loan book has maintained its growth trajectory on sustained basis to ₹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 ₹79,688 crore as on June 30, 2025. Continuing with the tradition to reward its shareholders, the Board of Directors has declared the interim dividend of ₹4.60 per equity share (on face value of ₹10/- each).
Operational and Financial Highlights: Q1 FY26 vs Q1 FY25 (Standalone)
- Disbursements: ₹59,508 crore vs. ₹43,652 crore, up by 36% out of which disbursement to renewable sector is up by 35%
2. Total income: ₹14,734 crore vs. ₹13,037 crores, up by 13%
3. Net interest income: ₹5,247 crore vs. ₹4,474 crore, up by 17%
4. Net Profit: ₹4,451 crore vs. ₹3,442 crore, up by 29%
5. Return on net worth: 22.63% vs 19.51%, up by 312 bps