REC Declares ₹4.60 Third Interim Dividend; Nine-Month PAT At Record High

New Delhi, January 29, 2026: REC Limited’s Board of Directors approved the standalone and consolidated financial results for the quarter and period ending December 31, 2025, demonstrating significant growth compared to the prior year.

Key operational and financial highlights for the nine months of FY26 indicate a net profit of ₹12,920 crore, marking a 13% increase from ₹11,477 crore in FY25. Net interest income rose by 10% to ₹15,677 crore, while revenue from operations also grew by 10% to ₹44,641 crore. Total income reached ₹44,781 crore, showing a 10% increase. Notably, net credit-impaired assets declined from 0.74% to 0.20%.

Disbursements increased by 14% to ₹1,65,458 crore, and sanctions surged by 23% to ₹3,33,354 crore. The company’s net interest margin (NIM) stands at 3.52%, with a maintained spread of 2.73%. The annualized earnings per share (EPS) accelerated by 13% to ₹65.42 from ₹58.11. The loan book expanded sustainably to ₹5.82 lakh crore, and the term loan portfolio improved, leading to a 55% reduction in RBPF loan assets and 54% in stage-3 loan assets.

Furthermore, the capital adequacy ratio is comfortably positioned at 24.26%, with net worth increasing by 13% year-over-year to ₹86,262 crore. In support of its shareholders, the Board declared a third interim dividend of ₹4.60 per equity share, totaling ₹13.80 per share for the financial year 2025-26.