REC Ltd posts 29% jump in Q1 FY26 profit, declares interim dividend

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.

Maharatna Public Sector Undertaking (PSU) Rural Electrification Corporation (REC Ltd) has reported a robust financial performance for the first quarter of FY26, with its net profit rising by 29% year-on-year to Rs 4,465 crore. This marks an increase from Rs 3,460 crore posted during the corresponding quarter of the previous fiscal.

In view of its strong earnings, REC has announced a first interim dividend of Rs 4.60 per equity share for FY26. The record date for determining eligible shareholders has been fixed as Friday, August 1, 2025. The dividend is scheduled to be paid or dispatched on or before August 21, 2025.

As a result, the Annualised Earnings Per Share (EPS) for the period ended June 30, 2025 accelerated by 29% to Rs 67.60 per share as against Rs 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.