Date: July 24, 2026

Financial Results (Standalone)

Quarterly Performance (Q1 FY27 vs Q4 FY26):

  • Net interest income: ₹5,212 crore vs ₹4,961 crore, up by 5%
  • Net Profit: ₹4,149 crore vs ₹3,362 crore, up by 23%
  • Net Interest Margin (NIM): 3.34%
  • Annualised EPS: ₹63.04 per share for the quarter ended June 30, 2026

Balance Sheet Highlights as on June 30, 2026:

  • Standalone loan book: ₹5.90 lakh crore (largest for any CPSU-NBFC in India)
  • Net Worth: ₹91,836 crore (grown by 15% on Year-on-Year basis)
  • Capital Adequacy Ratio (CRAR): 23.06% (against regulatory minimum of 15%)
  • Yield: 9.55% in Q1-FY 2026-27

Loan Portfolio Composition:

  • Renewable energy portfolio: ₹78,596 crore (13.32% of overall loan composition)
  • Infrastructure and logistic portfolio: ₹59,289 crore (over 10% of overall loan assets)
  • Stage-3 loan assets: 0.11% of total loan portfolio (reduced to near-zero levels)

Dividend Declaration

  • The Board of Directors declared the First Interim Dividend for FY 2026-27 of ₹4.25 per equity share (face value ₹10 each).

Operational Highlights

  • REC sustained a healthy NIM of 3.34%, reflecting strength of its lending portfolio and disciplined financial management.
  • The strengthening fundamentals of the Indian power sector contributed to improved financial position of power utilities, resulting in stronger overall credit profiles and lower provisioning requirements.
  • REC proactively shared benefits with borrowers by rationalizing lending rates.
  • The company received 'NBFC of the Year' Award at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026.
  • The company received 'AI & GenAI Adoption Excellence Award' at the 2nd Bharat PSU Manthan & Excellence Awards 2026.
  • REC is strategically broadening its business footprint through targeted investments in conventional power, renewable energy and infrastructure & logistics development.