REC Limited, a Maharatna Central Public Sector Enterprise (CPSE), held its Board Meeting on April 28, 2026, where it approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported a consolidated net profit of ₹3,362.30 Crores for the current quarter, representing a decrease of approximately 16.84% on a Quarter-on-Quarter (QoQ) basis compared to the ₹4,043.08 Crores earned in the previous quarter ended December 31, 2025. On a Year-on-Year (YoY) basis, the current quarter’s profit also saw a decline of 20.63% from the ₹4,236.20 Crores reported in the corresponding quarter of the previous year. Total consolidated revenue from operations for the quarter stood at ₹14,563.82 Crores, showing a slight QoQ decrease of 3.24% from ₹15,051.08 Crores and a YoY decline of 5.02% from ₹15,333.54 Crores. Alongside these results, the Board recommended a final dividend of ₹1.55 per equity share, bringing the total dividend for FY 2025-26 to ₹18.55 per share.

REC Limited is a leading infrastructure finance company in India, primarily focused on financing projects across the entire power sector value chain, including generation, transmission, and distribution. As a Maharatna company under the Ministry of Power, it plays a pivotal role in government initiatives such as the revitalization of power distribution companies. Recently, the company achieved a historic milestone by recording its highest-ever annual net profit of ₹16,282 Crores for the full financial year 2025-26. REC has also significantly expanded its footprint in the renewable energy sector, with its renewable loan book growing by 30% to reach ₹75,347 Crores as of March 31, 2026. The company maintains exceptional asset quality, reporting Net Stage-3 loans (NPAs) at a near-zero level of 0.12%.