REC Limited Reports 19% Rise in H1 FY26 Net Profit to ₹8,877 Cr

The Board of Directors of REC Limited, has approved the limited reviewed standalone and consolidated financial results for the period ended September 30, 2025. 

Operational and Financial Highlights: H1 FY26 vs H1 FY25 (Standalone)

-   Disbursements: ₹1,15,470 crore vs. ₹90,955 crore, up by 27%

-   Total income: ₹29,828 crore vs. ₹26,633 crore, up by 12%

-  Net interest income: ₹10,608 crore vs. ₹9,261 crore, up by 15%

-  Net Profit: ₹8,877 crore vs. ₹7,448 crore, up by 19%

Further on standalone basis, during Q2 FY26 sanctions have increased by 97% to ₹1,49,832 crore against ₹76,200 crore in corresponding Q2 FY25.

Owing to growth in all the verticals, REC is able to maintain its spreads at 2.89% and NIM at 3.64%, resulting in robust half yearly profit after tax of ₹8,877 crore. As a result, the Annualised Earnings Per Share (EPS) for the period ended September 30, 2025 accelerated by 19% to ₹67.24 per share as against ₹56.56 per share as at September 30, 2024.

The loan book has maintained its growth trajectory on sustained basis to ₹5.82 lakh crore as against ₹5.46 lakh crore as on September 30, 2024. The net credit-impaired assets as on September 30, 2025 have reduced to 0.24% from 0.88% as on September 30, 2024 with Provision Coverage Ratio of 77.06% on NPA assets, as on September 30, 2025. 

Aided by growth in profits, the Net Worth has grown to ₹82,739 crore as on September 30, 2025.

Continuing with the tradition to reward its shareholders, the Board of Directors of the Company has declared the second 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 ₹9.20.