New Delhi, January 29, 2026: REC Limited on Thursday announced robust financial performance for the nine months ended December 31, 2025, as its Board of Directors approved the limited reviewed standalone and consolidated financial results for the quarter and period.
For the nine months of FY26, REC reported its highest-ever Profit After Tax (PAT) of ₹12,920 crore, registering a 13 per cent growth over ₹11,477 crore recorded in the corresponding period of the previous year. Net interest income increased by 10 per cent to ₹15,677 crore, compared to ₹14,191 crore in 9M FY25.
Revenue from operations rose to ₹44,641 crore from ₹40,752 crore, while total income stood at ₹44,781 crore, marking a year-on-year growth of 10 per cent. Asset quality continued to improve, with net credit-impaired assets declining sharply to 0.20 per cent from 0.74 per cent.
During the period, disbursements increased by 14 per cent to ₹1,65,458 crore from ₹1,45,647 crore, while sanctions surged by 23 per cent to ₹3,33,354 crore compared to ₹2,71,814 crore in the same period last year.
REC maintained a healthy spread of 2.73 per cent and a Net Interest Margin (NIM) of 3.52 per cent. Consequently, the annualised Earnings Per Share (EPS) rose by 13 per cent to ₹65.42, compared to ₹58.11 as of December 31, 2024.
The company’s loan book continued its steady growth, reaching ₹5.82 lakh crore as on December 31, 2025, against ₹5.66 lakh crore in the previous year. As part of its sustained efforts to strengthen asset quality, the term loan portfolio (excluding RBPF and Stage-3 assets) grew by 10 per cent year-on-year, while the RBPF loan book and Stage-3 loan assets declined by 55 per cent and 54 per cent respectively.
Reflecting strong capital strength, REC’s Capital Adequacy Ratio (CRAR) stood at a comfortable 24.26 per cent as on December 31, 2025. The company’s net worth also rose by 13 per cent year-on-year to ₹86,262 crore, compared to ₹76,502 crore a year earlier.
Continuing its tradition of rewarding shareholders, the Board declared a third interim dividend of ₹4.60 per equity share of face value ₹10 each. With this, the total interim dividend for FY 2025–26 stands at ₹13.80 per share.
Join Us on WhatsApp