REC Limited reported strong financial performance for Q2 FY26, approved an interim dividend, and announced a key leadership change. The board approved unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2025, and declared a 2nd interim dividend of ₹4.60 per share.
For Q2 FY26, REC’s standalone net profit stood at ₹4,425.86 crore, up from ₹4,005.47 crore in the same quarter last year. Interest income rose to ₹14,577.09 crore, while total income reached ₹15,094.61 crore. The net profit margin for the quarter was 29.32% and earnings per share stood at ₹16.81.
The company declared a 2nd interim dividend of ₹4.60 per equity share with a record date of October 27, 2025. The payment will be completed by or before November 14, 2025.
On a consolidated basis, REC recorded revenue from operations of ₹15,152.67 crore and a net profit of ₹4,414.93 crore for Q2. The consolidated half-year profit reached ₹8,880.64 crore with an EPS of ₹33.73. REC Power Development and Consultancy Ltd, a key subsidiary, reported Q2 revenue of ₹102.24 crore and net profit of ₹21.83 crore.
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REC’s standalone total assets stood at ₹6,39,370.74 crore, with net worth of ₹82,738.90 crore and loan assets of ₹5,74,780.12 crore. Cash and equivalents closed at ₹5,012.94 crore. Operating cash flow during the half year was ₹2,966.84 crore, with strong inflows from investing and financing activities.
The board approved the appointment of Shri Dinesh Garg as Company Secretary and Compliance Officer, effective December 1, 2025. He will succeed Shri J.S. Amitabh, who retires on November 30, 2025. This change marks a key step in REC’s leadership transition planning.
On October 21, 2025, REC share price opened at ₹377.40 on NSE, above the previous close of ₹374.70. During the day, it surged to ₹378.00 and dipped to ₹376.00. The stock closed at ₹377.15 by the end of the day. The stock registered a moderate gain of 0.65%.
Over the past week, it has moved up by 0.36%, over the past month, it has declined by 1.78%, and over the past 3 months, it has declined by 3.63%.
REC Limited’s Q2 FY26 results reflect robust financial growth, healthy margins, and continued asset quality. With a consistent dividend policy and strategic leadership changes, the company reinforces its position in the infrastructure financing sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Oct 22, 2025, 9:56 AM IST
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