HIGHEST EVER NINE MONTHS PROFIT AFTER TAX, DISBURSEMENTS & SANCTIONS OF ₹12,920 CRORE, ₹1,65,458 CRORE & ₹3,33,354 CRORE RESPECTIVELY

Delhi, January 29, 2026 : The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter and period ended December 31, 2025.

Operational and Financial Highlights: 9M FY26 vs 9M FY25 (Standalone)

– Net Profit: ₹12,920 crore Vs ₹11,477 crore, up by 13%

– Net interest income: ₹15,677 crore Vs ₹14,191 crore, up by 10%

– Revenue from operations: ₹44,641 crore Vs ₹40,752 crore, up by 10%

– Total income: ₹44,781 crore Vs ₹40,805 crore, up by10%

– Net credit-impaired assets reduced to 0.20% from 0.74%

– Disbursements: ₹1,65,458 crore Vs ₹1,45,647 crore, up by 14%

– Sanctions: ₹3,33,354 crore Vs ₹2,71,814 crore, up by 23%

REC is able to maintain its spread at 2.73% and NIM at 3.52%. As a result, the Annualised Earnings Per Share (EPS) for the period ended December 31, 2025 accelerated by 13% to ₹65.42 per share as against ₹58.11 per share as at December 31, 2024.

The loan book has maintained its growth trajectory on sustainable basis at ₹5.82 lakh crore against ₹5.66 lakh crore as on December 31, 2025.

As an outcome of continuous endeavor to improve the term loan portfolio (excluding RBPF and Stage-3 loan assets) of the Company, has grown by 10% on YoY basis. As a result, the RBPF loan book and stage-3 loan assets have reduced by 55% and 54% respectively in the same period.

Indicating the ample opportunity to support the future growth, the Capital Adequacy Ratio (CRAR) of the Company stands at a comfortable 24.26% as at December 31, 2025. Aided by growth in profits, the Net Worth has grown by 13% on YoY basis to ₹86,262 crore as on December 31, 2025 from ₹76,502 crore.

Continuing with the tradition to reward its shareholders, the Board of Directors of the Company has declared the third interim dividend of ₹ 4.60 per equity share (on face value of ₹10/- each) with this total interim dividend for the financial year 2025-26 is ₹13.80 per share.

About REC LIMITED

REC is a ‘Maharatna’ company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. More recently REC Limited has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc.

REC Limited provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Limited continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has been designated as the nodal agency for certain States and Union Territories under the Revamped Distribution Sector Scheme (RDSS). Additionally, the Central Government has entrusted REC with the responsibility of implementing the PM Surya Ghar Muft Bijli Yojana.