REC Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also declared a 2nd Interim Dividend of ₹3.50 per equity share. The company reported strong financial performance with a profit after tax of ₹7,540.64 crores for the half-year ended September 30, 2026.
REC Declares Second Interim Dividend and Approves Financial Results
October 26, 2026 – REC Limited, a Maharatna company and a leading financial institution in the power sector, today announced the outcomes of its Board Meeting held on the same date. The Board has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
Financial Highlights
For the half-year ended September 30, 2026, REC reported a robust profit after tax of ₹7,540.64 crores. The company’s net worth also saw a significant increase, growing by 14% year-on-year to ₹94,324.91 crores.
Dividend Declaration
In line with its consistent dividend payout tradition, the Board of Directors has declared the 2nd Interim Dividend of ₹3.50 per equity share (face value ₹10 each) for the financial year 2026-27. The record date for determining the eligibility of shareholders for this dividend is set for Friday, October 30, 2026. The dividend will be paid on or before November 21, 2026.
Operational Performance
REC continues to demonstrate strong performance in its core business areas. The loan book saw a sequential increase of 5% during the quarter, reaching ₹6.17 lakh crore as of September 30, 2026, reinforcing its position as the largest standalone financier in the power sector. The renewable energy portfolio has grown by 27% year-on-year to ₹86,660 crore. The company also maintained a strong capital position, with a CRAR of 24.04% and CET 1 capital of 20.91%, well above the regulatory minimums.
The company’s asset quality remains pristine, with net NPA at 0.11% as of September 30, 2026. Stage-II loan assets have reduced significantly by 80% compared to the previous year.
Awards and Recognition
During the quarter, REC was recognized with the Data Center Champion Award 2026 and Silver Awards for Best Corporate Bond Issuer and Best PSU Issuer, underscoring its excellence in infrastructure financing.
REC also successfully issued India’s first Pilot Issue on Tokenised Corporate Bonds under the SEBI Regulated Sandbox Framework, which saw overwhelming market response.
Source: BSE
