REC Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026. The Board of Directors approved these results and declared a second interim dividend of ₹3.50 per equity share. The record date for this dividend is October 30, 2026, with payment expected by November 21, 2026. The company also highlighted strong performance metrics, including AUM growth and a robust renewable energy portfolio.
REC Approves Financial Results and Declares Interim Dividend
On October 26, 2026, the Board of Directors of REC Limited convened a meeting where they considered and approved the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026. These results have been reviewed by the Audit Committee and subject to a limited review by M/s. G. S. Mathur & Co. and M/s. S. K. Mehta & Co.
Second Interim Dividend Declared
In a significant move for shareholders, REC Limited has declared its second interim dividend for the financial year 2026-27. The dividend amount is ₹3.50 per equity share (Rupees Three and Paise Fifty only) for each equity share of ₹10. The eligibility for this dividend will be determined based on shareholders whose names appear as beneficial owners on the record date, set as Friday, October 30, 2026. The dividend is scheduled to be paid on or before November 21, 2026. This marks a consistent dividend payout tradition for the company.
Key Financial Highlights and Performance
The press release accompanying the financial results underscored strong operational and financial performance. Key highlights include:
- Growth in AUM by ₹26,537 crore, with the loan book reaching ₹6.17 lakh crore as of September 30, 2026.
- A significant renewable energy portfolio valued at ₹86,660 crore, showing a 27% YoY growth.
- The company maintained a healthy Net Interest Margin (NIM) of 3.22% during H1 FY27.
- Profit after tax for the half year ended September 30, 2026, was reported at ₹7,541 crores.
- Net worth increased by 14% year-on-year to ₹94,325 crore.
- REC continues to maintain strong asset quality, with net NPA at 0.11% as of September 30, 2026.
- The company also successfully issued India’s first Pilot Issue on Tokenised Corporate Bonds under the SEBI Regulated Sandbox Framework.
The Board meeting commenced at 11:30 a.m. and concluded at 4:10 p.m.
Source: BSE
