REC Limited

REC Ltd share price ticked higher by 1.48% to Rs 298.0 after the company's net profit dropped 17.05% to Rs 3477.73 crore, while revenue from operations improved marginally 3.92% to Rs 15000.4 crore in Q3FY26 over Q2FY26. The market capitalization of Financial Institution industry group stocks on BSE stood at Rs 4.54 lakh crore, gaining 0.63%. It has eased by 4.11% over last one week and crashed 20.11% in last one month while the market capitalization of REC Ltd has softened by 1.32% and 20.34% in the same period respectively. Profit before tax (PBT) of REC Ltd stood at Rs 4391.14 crore in Q3 FY26, tanking 20.87% year-on-year, and tumbling by 16.65% quarter-on-quarter. EBITDA came in at Rs 4378 crore, nosediving by 20.92% YoY and plunging by 15.91% sequentially. Total expenses advancing by 15.41% to Rs 10619.29 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 76.5 crore, easing 3.03% YoY. For the TTM ended FY26, revenue from operations tick up 5.71% to Rs 59584.16 crore, while net profit grew slightly 2.67% to Rs 16308.17 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 2000856% to Rs 20723.28 crore, and PBT saw a minor gain of 3.23% to Rs 20766.33 crore compared to previous TTM. REC Ltd tumbled by 20.30% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.18% during the same period.

REC Ltd share price softened by 2.33% to Rs 293.65 after the company's net profit fell 17.05% to Rs 3477.73 crore, while revenue from operations slightly gained 3.92% to Rs 15000.4 crore in Q3FY26 over Q2FY26. The market capitalization of Financial Institution industry group stocks on BSE stood at Rs 4.47 lakh crore, easing 0.63%. It has slipped by 4.11% over last one week and tumbled 18.82% in last one month while the market capitalization of REC Ltd has eased by 1.32% and 19.13% in the same period respectively. Profit before tax (PBT) of REC Ltd stood at Rs 4391.14 crore in Q3 FY26, tumbling by 20.87% year-on-year, and nosediving by 16.65% quarter-on-quarter. EBITDA came in at Rs 4378 crore, tanking 20.92% YoY and plunging by 15.91% sequentially. Total expenses went up by 15.41% to Rs 10619.29 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 76.5 crore, inching up 3.03% YoY. For the TTM ended FY26, revenue from operations inched higher 5.71% to Rs 59584.16 crore, while net profit inched up 2.67% to Rs 16308.17 crore, compared to previous TTM. EBITDA surged by 2000856% to Rs 20723.28 crore, and PBT saw a minor gain of 3.23% to Rs 20766.33 crore compared to previous TTM. REC Ltd plunged by 21.70% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.52% during the same period.

REC Ltd has announced a revision in its long-term issuer credit rating and outlook by Japan Credit Rating Agency, Ltd. (JCR), upgrading it to 'A-' with a Stable Outlook from the previous 'BBB+' with Stable Outlook; this revision is in compliance with the provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to the National Stock Exchange of India Limited and BSE Limited, with Scri Codes RECLTD and 532955 respectively.

REC Ltd is down for a fifth straight session today. The stock is quoting at Rs 324.6, down 0.63% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 24173.35. The Sensex is at 77284.45, down 0.33%.REC Ltd has lost around 11.83% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 0.04% in last one month and is currently quoting at 26261, down 0.55% on the day. The volume in the stock stood at 31.47 lakh shares today, compared to the daily average of 61.72 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 325.8, down 0.02% on the day. REC Ltd tumbled 13.45% in last one year as compared to a 3.18% slide in NIFTY and a 0.73% fall in the Nifty Financial Services index.The PE of the stock is 5.38 based on TTM earnings ending June 26.

REC Ltd fell for a fifth straight session today. The stock is quoting at Rs 363.1, down 0.79% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 24651.6. The Sensex is at 78768.04, up 0.24%.REC Ltd has gained around 1.92% in last one month.Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has eased around 0.34% in last one month and is currently quoting at 26843.9, up 0.18% on the day. The volume in the stock stood at 29.66 lakh shares today, compared to the daily average of 46.47 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 362.65, down 0.6% on the day. REC Ltd tumbled 5.68% in last one year as compared to a 0.23% rally in NIFTY and a 1.85% spurt in the Nifty Financial Services index.The PE of the stock is 5.99 based on TTM earnings ending June 26.

Total income fell 2.40% YoY to Rs 14,469.49 crore for the quarter ended 30 June 2026. On a sequential basis, consolidated net profit rose 24.22%, while total income declined 0.78%. Profit before tax (PBT) stood at Rs 5,268.30 crore in Q1 FY27, down 7.02% from Rs 5,666.41 crore reported in the year-ago quarter. Meanwhile, the company's board declared a first interim dividend of Rs 4.25 per equity share of Rs 10 each for the financial year 2026-27. The company has fixed 31 July 2026 as the record date to determine the eligibility of shareholders for the interim dividend. The dividend will be paid on or before 23 August 2026 to eligible shareholders whose names appear in the records of the depositories or the register of members as on the record date. 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. The counter rose 0.82% to end at Rs 361.45 on the BSE.Powered by Capital Market - Live

Net profit of REC declined 6.11% to Rs 4192.76 crore in the quarter ended June 2026 as against Rs 4465.71 crore during the previous quarter ended June 2025. Sales declined 2.05% to Rs 14434.92 crore in the quarter ended June 2026 as against Rs 14737.45 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales14434.9214737.45 -2 OPM %96.9098.53 - PBDT5275.095673.11 -7 PBT5268.305666.41 -7 NP4192.764465.71 -6 Powered by Capital Market - Live

REC has fixed 14 August 2026 as record date for final dividend of Rs 1.55 per equity share for FY 2026. The dividend shall be paid on or before 24 September 2026.

REC has fixed 31 July 2026 as record date for payment of first interim dividend of Rs 4.25 per equity share for FY 2027. The dividend will be paid on or before 23 August 2026.

REC announced that the Board of Directors of the Company at its meeting held on 24 July 2026, has recommended a First Interim Dividend of Rs.4.25 per share (i.e.42.5%), subject to the approval of the shareholders.