StockWatch
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Financial Institution
Quarterly Result24 Jul 2026, 06:40 pm

REC Q1 FY27 PAT Up 23% to ₹4,149 Cr; Declares ₹4.25 Dividend

AI Summary

REC Limited announced its financial results for the quarter ended June 30, 2026, reporting a 23% year-on-year increase in Net Profit to ₹4,149 crore. Net interest income grew by 5% to ₹5,212 crore. The company declared a first interim dividend of ₹4.25 per share for FY 2026-27. REC maintained a healthy Net Interest Margin (NIM) of 3.34% and achieved an annualized EPS of ₹63.04. Its loan book stood at ₹5.90 lakh crore, the largest for any CPSU-NBFC in India. The Net Worth grew by 15% YoY to ₹91,836 crore. The renewable energy portfolio expanded to ₹78,596 crore (13.32% of loan book), and the infrastructure and logistics portfolio reached ₹59,289 crore (over 10% of loan assets). Stage-3 loan assets were reduced to 0.11%, and Capital Adequacy Ratio (CRAR) stood at 23.06%. REC also received two awards: 'NBFC of the Year' and 'AI & GenAI Adoption Excellence Award'.

Key Highlights

  • PAT surged 23% to ₹4,149 crore in Q1 FY27.
  • Declared first interim dividend of ₹4.25 per share.
  • Loan book is largest for a CPSU-NBFC at ₹5.90 lakh crore.
  • Stage-3 loan assets reduced to a near-zero 0.11%.
  • Received 'NBFC of the Year' and 'AI & GenAI Adoption Excellence Award'.