REC Limited Reports ₹12,920 Crore Profit For 9M FY26

The Board of Directors of REC Limited, has approved the limited reviewed standalone and consolidated financial results for the quarter and period ended December 31, 2025.

Operational and Financial Highlights: 9M FY26 vs 9M FY25 (Standalone)

- Net Profit: ₹12,920 crore Vs ₹11,477 crore, up by 13%

- Net interest income: ₹15,677 crore Vs ₹14,191 crore, up by 10%

- Revenue from operations: ₹44,641 crore Vs ₹40,752 crore, up by 10%

- Total income: ₹44,781 crore Vs ₹40,805 crore, up by10%

- Net credit-impaired assets reduced to 0.20% from 0.74%

- Disbursements: ₹1,65,458 crore Vs ₹1,45,647 crore, up by 14%

- Sanctions: ₹3,33,354 crore Vs ₹2,71,814 crore, up by 23%

REC is able to maintain its spread at 2.73% and NIM at 3.52%. As a result, the Annualised Earnings Per Share (EPS) for the period ended December 31, 2025 accelerated by 13% to ₹65.42 per share as against ₹58.11 per share as at December 31, 2024.

The loan book has maintained its growth trajectory on sustainable basis at ₹5.82 lakh crore against ₹5.66 lakh crore as on December 31, 2025.

As an outcome of continuous endeavour to improve the term loan portfolio (excluding RBPF and Stage-3 loan assets) of the Company, has grown by 10% on Y-o-Y basis. As a result, the RBPF loan book and stage-3 loan assets have reduced by 55% and 54% respectively in the same period.

Indicating the ample opportunity to support the future growth, the Capital Adequacy Ratio (CRAR) of the Company stands at a comfortable 24.26% as at December 31, 2025. Aided by growth in profits, the Net Worth has grown by 13% on Y-o-Y basis to ₹86,262 crore as on December 31, 2025 from ₹76,502 crore. 

Continuing with the tradition to reward its shareholders, the Board of Directors of the Company has declared the third interim dividend of ₹ 4.60 per equity share (on face value of ₹10/- each) with this total interim dividend for the financial year 2025-26 is ₹13.80 per share.