REC Limited Records Highest Ever Annual Net Profit of ₹16,282 Crore

REC Limited has reported its highest-ever annual net profit of ₹16,282 crore for the financial year ended March 31, 2026, marking a 9% growth in net worth. The company’s board has recommended a final dividend of ₹1.55 per equity share, bringing the total dividend for the year to ₹18.55 per share. This strong financial performance underscores the company’s sustained growth, robust asset quality, and successful navigation of complex macroeconomic conditions.

Financial Performance Overview

REC Limited has delivered a stellar financial performance for the fiscal year 2025-26. The company achieved a record annual net profit of ₹16,282 crore. This growth is supported by an all-time high loan book of ₹5.84 lakh crore as of March 31, 2026, reflecting a growth of approximately ₹17,000 crore during the year. Furthermore, the company’s net worth rose to ₹84,290 crore, representing a 9% increase compared to the previous year.

Operational Highlights

The company has maintained exceptional asset quality, with Net Stage-3 loans (NPA) standing at nearly 0.12%. Strategic initiatives have also led to a 75% year-on-year reduction in Stage-2 loans. Key operational milestones for the year include:

  • Sanctions: Increased by 21% to reach ₹4,09,097 crore.
  • Disbursements: Rose by 10% to ₹2,11,189 crore.
  • Renewable Energy: The renewable loan book saw a significant 30% growth, reaching ₹75,347 crore.
  • Capital Adequacy: A healthy CRAR of 23.11% provides the company with ample capacity to support future business expansion.

Shareholder Rewards

Reflecting its commitment to delivering value to shareholders, the Board of Directors recommended a final dividend of ₹1.55 per equity share (face value of ₹10 each). This is in addition to the interim dividends already declared throughout the year, resulting in a total dividend payout of ₹18.55 per share for the 2025-26 fiscal year.

Industry Recognition

REC Limited continues to be recognized for its consistent excellence. The company achieved an ‘Excellent’ rating in MoU performance for three consecutive years and climbed to 5th rank among net profit-making public sector enterprises in the latest PE Survey. Its ‘Maharatna’ status has been reaffirmed, further cementing its position as a key driver in the nation’s power sector transformation.

Source: BSE

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