BSECompany Update6d ago · 24 Jul 2026, 06:38 pm

Press Release-Financial Results of REC Limited for the quarter ended June 30, 2026.

REC Ltd · 532955

✦ AI Summary▲ PositiveResults

REC Ltd has announced its financial results for the quarter ended June 30, 2026, with a 23% increase in net profit to ₹4,149 crore and a 5% increase in net interest income to ₹5,212 crore. The company has declared an interim dividend of ₹4.25 per share. REC's loan book stood at ₹5.90 lakh crore, and its renewable energy portfolio grew to ₹78,596 crore, constituting 13.32% of the overall loan composition.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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REC Ltd - 532955 - Press Release- Financial Results

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3WlW REC Limited 3lH·t ~r f~ftta-s ('Jfffif ltl'll'lT'f iffl ~ ~ ~)/(A Government of India Enterprise) Regd. Office: Core-4, SCOPE Complex, 7, lodhi Road, New Delhi· 110003 Corporate Office: Plol No. 1·4, Near IFFCO Chowk Melro Station .~ n. ~ 'J:iw.r-mi Sector-29. Gurugram - 12200 1 (Haryana) Endless energy. Intinile possibiihes Tel: +91 124 444 1300 1 Website: www.recindia.nic in A MAHARATNA COMPANY CIN l40101DL1969GOIOO5095 I GST No.: 06AAACR4512R3Z3 SEC-lIl87(2)/2026/2943 Dated: July 24, 2026 qcruil'\i1 Rlftles wffi q<ffi or)'\i1 <ffl'a:z9cru, - RECLTD Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 1" Floor, Phiroze Jeejeebhoy Towers Bandra East, Mumbai - 400 051. Dalal Street, Fort, Mumbai - 400 001. Scri Code-RECLTD Scri Code- 532955 Sub: Press Release - Financial Results of REC Limited for the quarter ended June 30, 2026. A~GLI / A~lGql, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a Press Release with respect to financial results ofREC Limited for the quarter ended June 30, 2026, is attached herewith. Thanking you, Yours faithfully, For REC Limited (Dinesh G;;:' Company Secretary & Compliance Officer Enc!.: As Above Regional Offices: Bengaluru, Bhopal. Bhubaneswar, Chennai, Oehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata Lucknow, Mumbai, Panchkula. Patna. Raipur. Ranchi. Shillong. Shimla. Thlruvananthapuram & Vijaywada State Offices : Vadodara, Varanasi Training Centre : REC Inslitute of Power Management & Training (RECIPMT). Hyderabad PRESS RELEASE REC DECLARES 1 S f INTERIM DIVIDEND OF ~4.25 PER SHARE FOR FY 2026-27 : PAT up by 23% from last quarter Delhi, July 24,2026: The Board of Directors ofREC Limited, today approved the standalone and consolidated financial results for the quarter ended June 30, 2026. Operational and Financial Highlights: Ql FY27 vs Q4 FY26 - Net interest income: ~5,212 crore Vs ~4,961 crore up by 5% - Net Profit: ~4,149 crore Vs ~3,362 crore, up by 23% Despite a dynamic operating environment, REC sustained a healthy NIM of3.34%, reflecting the strength of its lending portfolio and disciplined financial management. Consequently, the Company delivered an annualised EPS of ~63 .04 per share for the quarter ended June 30, 2026, underscoring its robust earnings performance. REC's standalone loan book stood at ~5.90 lakh crore as on June 30, 2026 which is the largest for any CPSU-NBFC in India, demonstrating the strength and stability of its lending operation. Aided by growth in profits, the Net Worth has grown by 15% on Y-o-Ybasis to ~91,836 crore as on June 30, 2026. The renewable energy portfolio continued to witness robust traction, growing to ~78,596 crore, constituting 13.32% of the overall loan composition, reinforcing REC's commitment to fostering sustainable infrastructure development and accelerating the growth of green energy in India. The infrastructure and logistic portfolio has grown to ~59,289 crore, which is over 10% of the overall loan assets. Driven by sustained initiatives to improve asset quality, the Company has reduced its Stage-3 loan asset to the total loan portfolio ratio to near-zero levels i.e., 0.11 %. Indicating the ample opportunity to support the future growth, the Capital Adequacy Ratio (CRAR) of the Company stands at comfortable 23.06% as at June 30,2026 against the regulatory minimum of 15% as mandated by RBI. In line with its consistent dividend distribution track record and commitment to enhancing shareholder returns, the Board of Directors of the Company has declared the First Interim Dividend of~4.25 per equity share (face value ~10 each). The strengthening fundamentals of the Indian power sector have contributed to the improved fmandal position of power utilities, resulting in stronger overall credit profiles and consequently lower provisioning requirements. Reflecting its customer centric approach, REC proactively shared these benefits with borrowers by rationalizing lending rates resulting in yield of9.55% in QI-FY 2026-27. The Company was recognized with the 'NBFC of the Year' Award at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026 and the 'AI & GenAl Adoption Excellence Award' at the 2nd Bharat PSU Manthan & Excellence Awards 2026, underscoring its strong business performance, digital innovation, and leadership in leveraging advanced technologies to drive operational excellence and enhance customer experience. REC Limited is strategically broadening its business footprint through targeted investments in conventional power, renewal energy and infrastructure & logistics development in the country apart from being a strategic partner to government of India in implementing the government programs, policy and reforms in the country and steadily fostering long term growth. *****