REC declares highest ever profit of `16,282 crore for the year
While approving the annual standalone and consolidated financial results for the year ended March 31, 2026, REC Limited states that the Indian power sector is at the cusp of new vibrance owing to numerous initiatives taken by Government of India.
The legacy loss-making power distribution companies achieved a rare, collective overall net profit, marking a significant turnaround.
This improvement led to a stable environment, indicating improved quality of assets, resulting to reduction in risk premiums.
REC, as a responsible lender focused towards nation building, has proactively passed on such reduced risk premium to its borrowers by rationalising its yield on loan assets.
The continued focus on sustainable growth is showing results with the Net Stage-3 loans (NPA) nearly “Zero” (0.12 per cent) and Stage-2 loans reduced by 75 per cent YoY.
Without compromising on the asset quality, REC has registered a growth in loan book of around `17,000 crores during the last year.
As a result, the loan book is at an all-time high of `5.84 lakh crore as on March 31. In conjunction with government vision, the Renewable loan book increased to ` 75,347 crore as on March 31 reflecting 30 per cent growth.
Inspite of challenging macro-economic situations and geopolitical uncertainty, REC has registered its highest ever annual net Profit of `16,282 crore during financial year ended 31st March.
Key operational and financial highlights for the year 2025-26 include sanctions of `4,09,097 crore v/s `3,37,179 crore, up by 21 per cent, disbursement of Rs 2,11,189 crore v/s `1,91,185 crore, up by 10 per cent, disbursements (excluding RBPF) amounting to `1,46,227 crore v/s `1,13,897 crore, up by 28 per cent.
