New Delhi, October 17, 2025: The Board of Directors of REC Limited, a Maharatna CPSE under the Ministry of Power, today approved the limited reviewed standalone and consolidated financial results for the half year ended September 30, 2025. Backed by robust growth across all operational verticals, REC continues to showcase consistent financial performance, marking a significant milestone in its growth journey.
Operational and Financial Highlights (Standalone): H1 FY26 vs H1 FY25
Disbursements surged to ₹1,15,470 crore, up by 27% compared to ₹90,955 crore in H1 FY25.
Total income rose to ₹29,828 crore, reflecting a 12% growth over ₹26,633 crore in the same period last year.
Net interest income stood at ₹10,608 crore, up by 15% from ₹9,261 crore in H1 FY25.
Net Profit (PAT) reached an all-time high of ₹8,877 crore, growing by 19% over ₹7,448 crore in H1 FY25.
These results underline the company’s operational excellence and its continued focus on sustainable and quality asset growth. Notably, during Q2 FY26, sanctions nearly doubled, growing by an impressive 97% to ₹1,49,832 crore from ₹76,200 crore in Q2 FY25 — a testament to REC’s growing influence and trust across the power and infrastructure financing space.
REC’s robust profitability has enabled it to maintain healthy financial spreads at 2.89% and a strong Net Interest Margin (NIM) of 3.64%. Consequently, the Annualised Earnings Per Share (EPS) rose by 19% to ₹67.24 as on September 30, 2025, compared to ₹56.56 a year earlier.
Strengthening the Balance Sheet
The company’s loan book remained on a healthy growth trajectory, reaching ₹5.82 lakh crore as of September 30, 2025, up from ₹5.46 lakh crore the previous year. Meanwhile, asset quality showed marked improvement. Net credit-impaired assets were brought down significantly to 0.24%, from 0.88%, supported by a solid Provision Coverage Ratio (PCR) of 77.06% on NPA assets. These indicators reflect REC’s prudent credit practices and strong portfolio management.
Thanks to the consistent financial performance, REC’s Net Worth grew to ₹82,739 crore as on September 30, 2025, further strengthening the company’s financial foundation.
Dividend Declaration
In recognition of the strong financial performance and in line with its commitment to delivering value to shareholders, the Board of Directors declared a second interim dividend of ₹4.60 per equity share (on face value of ₹10 each) for FY 2025-26. With this, the total interim dividend for FY26 now stands at ₹9.20 per share.
REC continues to play a pivotal role in powering the nation’s energy and infrastructure goals. With a consistent track record, strong financials, and focused leadership, the company is well-positioned to sustain its momentum and drive long-term value for stakeholders.