REC Q1 Net Profit Rises 29% YOY to ₹4,451 Crore

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: ₹59,508 crore vs. ₹43,652 crore, up by 36% out of which disbursement to renewable sector is up by 35%

-  Total income: ₹14,734 crore vs. ₹13,037 crores, up by 13%

-  Net interest income: ₹5,247 crore vs. ₹4,474 crore, up by 17%

-  Net Profit: ₹4,451 crore vs. ₹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 ₹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, 2024.

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 of the Company has declared the interim dividend of ₹4.60 per equity share (on face value of ₹10/- each).