REC FY25 Reports Rs 157.13 Billion Profit; Dividend at Rs 2.60/Share
POWER & RENEWABLE ENERGY

REC FY25 Reports Rs 157.13 Billion Profit; Dividend at Rs 2.60/Share

REC Limited reported a standalone net profit of Rs 157.13 billion for the financial year ended March 31, 2025, up 12% from Rs 140.19 billion in the previous fiscal. The growth was supported by strong performance across business verticals, the resetting of interest rates on loan assets, and efficient finance cost management, helping the company maintain its spreads and net interest margins (NIM).

For FY25, disbursements stood at Rs 1,911.85 billion compared to Rs 1,614.62 billion in FY24, marking an 18% increase. Net interest income rose 27% year-on-year to Rs 198.78 billion from Rs 156.85 billion. Total income for the year was Rs 559.80 billion, up 19% from Rs 472.14 billion. The NIM improved by 6 basis points to 3.63%.

Earnings per share (EPS) for FY25 rose to Rs 59.55, up from Rs 53.11 in FY24.

REC’s loan book, or Assets Under Management (AUM), increased steadily to Rs 5.66 trillion as of March 31, 2025, from Rs 5.09 trillion a year earlier. Net credit-impaired assets dropped to 0.38% from 0.86% following the resolution of five impaired loan assets totaling Rs 61.71 billion during the year.

The company’s net worth rose 13% year-on-year to Rs 776.38 billion as of March 31, 2025, from Rs 687.83 billion the previous year. Capital Adequacy Ratio (CRAR) remained strong at 25.99%.

REC’s Board recommended a final dividend of Rs 2.60 per share, subject to shareholder approval. The total dividend for FY25 amounts to Rs 18 per share, up from Rs 16 in FY24.

REC Limited reported a standalone net profit of Rs 157.13 billion for the financial year ended March 31, 2025, up 12% from Rs 140.19 billion in the previous fiscal. The growth was supported by strong performance across business verticals, the resetting of interest rates on loan assets, and efficient finance cost management, helping the company maintain its spreads and net interest margins (NIM).For FY25, disbursements stood at Rs 1,911.85 billion compared to Rs 1,614.62 billion in FY24, marking an 18% increase. Net interest income rose 27% year-on-year to Rs 198.78 billion from Rs 156.85 billion. Total income for the year was Rs 559.80 billion, up 19% from Rs 472.14 billion. The NIM improved by 6 basis points to 3.63%.Earnings per share (EPS) for FY25 rose to Rs 59.55, up from Rs 53.11 in FY24.REC’s loan book, or Assets Under Management (AUM), increased steadily to Rs 5.66 trillion as of March 31, 2025, from Rs 5.09 trillion a year earlier. Net credit-impaired assets dropped to 0.38% from 0.86% following the resolution of five impaired loan assets totaling Rs 61.71 billion during the year.The company’s net worth rose 13% year-on-year to Rs 776.38 billion as of March 31, 2025, from Rs 687.83 billion the previous year. Capital Adequacy Ratio (CRAR) remained strong at 25.99%.REC’s Board recommended a final dividend of Rs 2.60 per share, subject to shareholder approval. The total dividend for FY25 amounts to Rs 18 per share, up from Rs 16 in FY24.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement