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Quarterly Results

RECLTD · REC Limited · NSE · Filed 24 Jul · 1 min read

REC declares ₹4.25 interim dividend for FY27; Q1 profit up 23% over prior quarter

The Maharatna power financier reported a Q1 FY27 net profit of ₹4,149 crore and declared its first FY27 interim dividend of ₹4.25 per share, per its exchange filing.

What was filed

REC Limited's board approved standalone and consolidated financial results for the quarter ended June 30, 2026, and declared the company's first interim dividend for FY2026-27. The attached press release frames the quarter around sequential profit growth and a dividend on the ₹10 face-value equity share.

The quarter in brief

Profit and net interest income both rose over Q4 FY26, which REC attributed to a net interest margin it described as healthy and to disciplined lending. The company said its standalone loan book was the largest for any CPSU-NBFC in India, and that net worth grew 15% year-on-year.

The filing also notes portfolio shifts. The renewable energy book grew to constitute 13.32% of overall loans, and the infrastructure and logistics book to over 10% of loan assets. On asset quality, REC reported its Stage-3 loan ratio at near-zero levels and a capital adequacy ratio above the RBI's regulatory minimum. It added that it had rationalised lending rates, resulting in the quarter's reported yield.

Why it matters to a holder

For an existing shareholder, the filing carries two direct items: a declared cash payout and a set of quarterly performance markers. REC frames the dividend within what it calls a consistent distribution track record. The low Stage-3 ratio and the capital adequacy ratio above the regulatory floor are the balance-sheet points the company emphasises alongside the profit figure.

Net profit (Q4 FY26)
₹3,362 → ₹4,149 crQ4 FY26 → Q1 FY27+23%
Net interest income (Q4 FY26)
₹4,961 → ₹5,212 crQ4 FY26 → Q1 FY27+5%
First interim dividend (FY27)
₹4.25 per equity share
Net interest margin
3.34%
Annualised EPS
₹63.04 per share
Standalone loan book
₹5.90 lakh crore
Net worth
₹91,836 crore
Renewable energy portfolio
₹78,596 crore (13.32% of loans)
Infrastructure & logistics portfolio
₹59,289 crore
Stage-3 loan asset ratio
0.11%
Capital Adequacy Ratio (CRAR)
23.06%
Lending yield (Q1 FY27)
9.55%

‡ Computed by us from the filing’s own figures — not a company-stated number.

The filing discloses a declared cash dividend along with the quarter's earnings and balance-sheet ratios, both directly relevant to a holder tracking payouts and asset quality. It is descriptive of the quarter reported and carries no indication of future performance.

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