REC Declares Third Interim Dividend of ₹4.60; Nine-Month Profit at All-Time High
Convener News Desk
New Delhi, Jan 29: REC Limited on Wednesday reported its highest-ever profit for the nine-month period ended December 31, 2025, while also announcing a third interim dividend of ₹4.60 per equity share. With this, the total interim dividend declared by the company for the financial year 2025–26 stands at ₹13.80 per share.
The Board of Directors approved the limited reviewed standalone and consolidated financial results, which showed a 13 per cent rise in net profit to ₹12,920 crore during the nine-month period, compared to ₹11,477 crore in the corresponding period last year. Net interest income increased by 10 per cent to ₹15,677 crore, while revenue from operations rose to ₹44,641 crore, registering a similar growth. Total income for the period stood at ₹44,781 crore, up from ₹40,805 crore a year ago.
REC recorded strong business growth with disbursements rising 14 per cent to ₹1,65,458 crore and sanctions increasing 23 per cent to ₹3,33,354 crore. Asset quality continued to improve, with net credit-impaired assets declining sharply to 0.20 per cent from 0.74 per cent in the previous year. The company maintained a healthy spread of 2.73 per cent and a net interest margin of 3.52 per cent, resulting in a 13 per cent increase in annualised earnings per share to ₹65.42.
The loan book remained on a sustainable growth path at ₹5.82 lakh crore as on December 31, 2025. The term loan portfolio, excluding RBPF and Stage-3 assets, grew 10 per cent year-on-year, while RBPF loans and Stage-3 assets declined by 55 per cent and 54 per cent respectively. Reflecting strong capital strength, REC’s capital adequacy ratio stood at 24.26 per cent, and its net worth increased by 13 per cent to ₹86,262 crore.
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