REC Declares ₹4.25 Interim Dividend; PAT Jumps 23% to ₹4,149 Crore in Q1 FY27
REC Limited reported a 23% rise in Q1 FY27 net profit to ₹4,149 crore. Net Interest Income grew 5% to ₹5,212 crore. The company declared an interim dividend of ₹4.25 per share. Its loan book reached ₹5.90 lakh crore, with renewable energy assets at ₹78,596 crore.
The announcement includes a substantial profit increase, a dividend declaration, and strong growth in key lending segments, which are material events for investors and the company's financial standing.
The company reported significant profit growth, an increased dividend, strong loan book expansion, and positive industry recognition, indicating a favorable financial performance and outlook.
REC Limited announced its financial results for the quarter ended June 30, 2026, reporting a significant 23% increase in Net Profit to ₹4,149 crore compared to the previous quarter's ₹3,362 crore. The Net Interest Income also saw a healthy growth of 5%, reaching ₹5,212 crore from ₹4,961 crore in Q4 FY26.
The company maintained a strong Net Interest Margin (NIM) of 3.34% and reported an annualized EPS of ₹63.04 for the quarter. REC's standalone loan book expanded to ₹5.90 lakh crore as of June 30, 2026, marking it as the largest for any CPSU-NBFC in India. The Net Worth grew by 15% year-on-year to ₹91,836 crore.
The renewable energy portfolio showed robust traction, growing to ₹78,596 crore, which is 13.32% of the total loan composition. The infrastructure and logistics portfolio also increased to ₹59,289 crore, exceeding 10% of total loan assets. REC has successfully reduced its Stage-3 loan asset ratio to a near-zero level of 0.11%.
The Capital Adequacy Ratio (CRAR) stands at a comfortable 23.06%, well above the regulatory minimum of 15%. In line with its commitment to shareholder returns, the Board of Directors declared a First Interim Dividend of ₹4.25 per equity share for FY 2026-27.
REC has been recognized with the 'NBFC of the Year' Award and the 'AI & GenAI Adoption Excellence Award' for its strong business performance and digital innovation. The company continues to strategically broaden its business footprint in conventional power, renewable energy, and infrastructure development.
What to do with a filing like this
REC Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by REC Limited. Read the original for the full detail.