REC Ltd

Total income fell 4.98% year-on-year to Rs 14,583.39 crore for the quarter ended 31 March 2026. On a sequential basis, the company's consolidated net profit declined 16.71%, while total income decreased 3.16%. Total expenses increased 3.15% year-on-year to Rs 10,168.85 crore in Q4 FY26, compared with Rs 9,858.48 crore in Q4 FY25. Finance cost stood at Rs 8,930.74 crore (up 1.85% YoY), while employee benefits expense was at Rs 70.20 crore (down 17.89% YoY) during the period under review. Profit before tax (PBT) for the quarter stood at Rs 4,414.54 crore, down 19.59% from Rs 5,489.89 crore reported in Q4 FY25. On a full-year basis, the company's consolidated net profit rose 2.67% to Rs 16,308.17 crore on a 5.67% increase in total income to Rs 59,628.35 crore in FY26 over FY25. Meanwhile, the company's board has recommended a final dividend of Rs 1.55 per equity share of face value Rs 10 each for FY26, subject to shareholders' approval at the ensuing AGM. This is in addition to interim dividends of Rs 7 per share declared in four tranches, taking the total dividend to Rs 8.55 per share for FY26. The final dividend, if approved, will be paid within 30 days of the AGM. REC is a central public sector undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution.

Total income fell 4.98% year-on-year to Rs 14,583.39 crore for the quarter ended 31 March 2026. On a sequential basis, the company's consolidated net profit declined 16.71%, while total income decreased 3.16%. Total expenses increased 3.15% year-on-year to Rs 10,168.85 crore in Q4 FY26, compared with Rs 9,858.48 crore in Q4 FY25. Finance cost stood at Rs 8,930.74 crore (up 1.85% YoY), while employee benefits expense was at Rs 70.20 crore (down 17.89% YoY) during the period under review. Profit before tax (PBT) for the quarter stood at Rs 4,414.54 crore, down 19.59% from Rs 5,489.89 crore reported in Q4 FY25. On a full-year basis, the company's consolidated net profit rose 2.67% to Rs 16,308.17 crore on a 5.67% increase in total income to Rs 59,628.35 crore in FY26 over FY25. Meanwhile, the company's board has recommended a final dividend of Rs 1.55 per equity share of face value Rs 10 each for FY26, subject to shareholders' approval at the ensuing AGM. This is in addition to interim dividends of Rs 7 per share declared in four tranches, taking the total dividend to Rs 8.55 per share for FY26. The final dividend, if approved, will be paid within 30 days of the AGM. REC is a central public sector undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution. Shares of REC shed 0.66% to close at Rs 375.65 on the BSE.

REC announced that the Board of Directors of the Company at its meeting held on 28 April 2026, inter alia, have recommended the final dividend of Rs 1.55 per equity Share (i.e. 15.5%) , subject to the approval of the shareholders.

Net profit of REC declined 21.69% to Rs 3375.08 crore in the quarter ended March 2026 as against Rs 4309.98 crore during the previous quarter ended March 2025. Sales declined 5.02% to Rs 14563.82 crore in the quarter ended March 2026 as against Rs 15333.54 crore during the previous quarter ended March 2025. For the full year,net profit rose 2.67% to Rs 16308.17 crore in the year ended March 2026 as against Rs 15884.23 crore during the previous year ended March 2025. Sales rose 5.71% to Rs 59584.16 crore in the year ended March 2026 as against Rs 56366.55 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales14563.8215333.54 -5 59584.1656366.55 6 OPM %91.5592.93 -95.6796.17 - PBDT4421.435496.38 -20 20811.6620142.17 3 PBT4414.545489.89 -20 20784.6120117.47 3 NP3375.084309.98 -22 16308.1715884.23 3 Powered by Capital Market - Live

REC will hold a meeting of the Board of Directors of the Company on 28 April 2026.

REC Ltd is up for a third straight session today. The stock is quoting at Rs 376.7, up 3.43% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 24272.2. The Sensex is at 78203, up 0.27%. REC Ltd has gained around 8.23% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has gained around 1.95% in last one month and is currently quoting at 26343.55, up 0.34% on the day. The volume in the stock stood at 80.38 lakh shares today, compared to the daily average of 92.01 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 377.4, up 3.35% on the day. REC Ltd is down 14.89% in last one year as compared to a 0.61% jump in NIFTY and a 0% jump in the Nifty Financial Services index.The PE of the stock is 5.59 based on TTM earnings ending December 25.

REC Ltd gained for a fifth straight session today. The stock is quoting at Rs 341.65, up 3.73% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is up around 3.46% on the day, quoting at 23923.45. The Sensex is at 77391.97, up 3.72%. REC Ltd has gained around 5.32% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has gained around 0.31% in last one month and is currently quoting at 24685.55, up 5.16% on the day. The volume in the stock stood at 48.25 lakh shares today, compared to the daily average of 89.86 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 342.4, up 3.46% on the day. REC Ltd is down 12.27% in last one year as compared to a 6.81% jump in NIFTY and a 7.57% jump in the Nifty Financial Services index.The PE of the stock is 5.06 based on TTM earnings ending December 25.

The board of REC at its meeting held on 25 March 2026 has approved market borrowing programme of the company for FY 2026-27 amounting to Rs 1,60,000 crore comprising of bond issuance and external commercial borrowings (Rs 1,40,000 crore) , short term loans (Rs 10,000 crore), commercial paper (Rs 10,000 crore). Powered by Capital Market - Live

REC will hold a meeting of the Board of Directors of the Company on 25 March 2026.Powered by Capital Market - Live

REC Ltd is up for a third straight session in a row. The stock is quoting at Rs 344.7, up 2.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 23785.75. The Sensex is at 76784.54, up 0.94%. REC Ltd has dropped around 2.5% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has dropped around 8% in last one month and is currently quoting at 25724.65, up 0.39% on the day. The volume in the stock stood at 74.27 lakh shares today, compared to the daily average of 69.76 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 341.95, up 1.88% on the day. REC Ltd is down 19.74% in last one year as compared to a 3.83% gain in NIFTY and a 6.98% gain in the Nifty Financial Services index.The PE of the stock is 5.18 based on TTM earnings ending December 25.Powered by Capital Market - Live