New Delhi: REC Limited has posted its highest-ever quarterly profit of ₹4,451 crore for the quarter ended June 30, 2025, registering a 29% year-on-year growth on the back of strong disbursements and stable margins.
The state-run infrastructure financier reported a 36% jump in total disbursements to ₹59,508 crore, compared to ₹43,652 crore in the same period last year. Of this, disbursements to the renewable energy sector rose 35%, reflecting REC’s growing focus on green energy.
Total income for the quarter stood at ₹14,734 crore, up 13% year-on-year, while net interest income rose by 17% to ₹5,247 crore. The return on net worth increased by 312 basis points to 22.63%. The company maintained spreads at 2.96% and net interest margin at 3.74%.
Buoyed by the strong performance, REC’s board declared an interim dividend of ₹4.60 per equity share.
Annualised earnings per share climbed to ₹67.60 for the period, up from ₹52.28 a year ago. The loan book expanded to ₹5.85 lakh crore as on June 30, 2025, while net credit-impaired assets dropped sharply to 0.24% from 0.82% last year. One non-performing asset was resolved during the quarter. REC’s provision coverage ratio on NPA assets stood at 77.05%, and its net worth rose to ₹79,688 crore.
REC is a Maharatna company under the Ministry of Power and registered with the Reserve Bank of India as an NBFC, PFI and IFC. The company finances the entire power infrastructure value chain—generation, transmission, distribution and renewable energy—as well as emerging technologies such as battery storage, EVs, green hydrogen and green ammonia.
In recent years, REC has diversified into non-power sectors, including roads, metro projects, IT and communication infrastructure, airports, ports, and healthcare and educational institutions.
REC has also played a central role in the implementation of several key government schemes for the power sector, including SAUBHAGYA, DDUGJY and the National Electricity Fund. It is currently a nodal agency for the Revamped Distribution Sector Scheme and the PM Surya Ghar Muft Bijli Yojana in various states and union territories.
As of March 31, 2025, REC’s loan book stood at ₹5.66 lakh crore and net worth at ₹77,638 crore.
BI Bureau
