REC Shares to Trade Ex-Date on March 26: Interim Dividend of ₹3.60

REC share price will trade ex-date on March 26, 2025, meaning that the shareholders registered in the company’s books will be eligible for the ₹3.60 interim dividend.

REC Dividend History

REC Q3FY25 Earnings Highlights

The company’s loan assets/ assets under management grew by 14% in Q3. While disbursements reached an all-time high of ₹54,692 Crores in Q3, the loan book growth was limited to 14% due to some prepayments. However, REC anticipate that in Q4, its loan assets will grow between 15% and 17%, and it is confident about sustaining this growth rate in the coming years. As a result, the company is targeting a growth in its assets under management to approximately ₹10 lakh Crores by the end of 2030.

A significant portion of its disbursements has been directed towards renewable energy projects, with disbursements increasing by 79% in the first nine months for these projects. In comparison, non-power infrastructure and logistics saw a growth of 30%. Additionally, the company’s profit after tax has experienced a notable increase of 15%, reaching ₹11,477 Crores.

.

.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.