REC declares 3rd interim dividend of Rs 4.60 per share

REC Limited on Thursday reported its highest-ever profit after tax for the nine-month period ending December 31, 2025, with net profit climbing 13 per cent to Rs 12,920 crore. Following the stellar performance, the Board of Directors approved a third interim dividend of Rs 4.60 per equity share. The Maharatna company’s total interim dividend for the 2025-26 financial year now stands at Rs 13.80 per share.

According to the standalone financial results, REC’s total income rose by 10 per cent to reach Rs 44,781 crore, while sanctions saw a robust 23 per cent growth, hitting Rs 3,33,354 crore.Operational efficiency remained a highlight as the company successfully reduced its net credit-impaired assets from 0.74 per cent to a mere 0.20 per cent. The loan book maintained a steady growth trajectory, standing at Rs 5.82 lakh crore.

A company spokesperson noted that REC maintained a spread of 2.73 per cent and a Net Interest Margin (NIM) of 3.52 per cent. Consequently, the annualised Earnings Per Share (EPS) accelerated to Rs 65.42, compared to Rs 58.11 in the previous year. Aided by consistent profit growth, the company’s net worth grew by 13 per cent year-on-year to Rs 86,262 crore. With a comfortable Capital Adequacy Ratio (CRAR) of 24.26 per cent, the lender remains well-positioned to support future growth in the power and infrastructure sectors.