REC reports 23% profit growth, declares ₹4.25 dividend
pre-market1 source ↓written by the desknot a recommendation
- in net profit
- 23% increase
- for Q1 FY27
- ₹4,149 crore
- ₹4.25 per share
- loan book reached
- ₹5.90 lakh crore
- portfolio grew
- ₹78,596 crore
REC Limited reported a 23% increase in net profit to ₹4,149 crore for Q1 FY27, up from ₹3,362 crore in the previous quarter. The company also announced a first interim dividend of ₹4.25 per share. Its standalone loan book reached ₹5.90 lakh crore, the largest among CPSU-NBFCs, while the renewable energy portfolio grew to ₹78,596 crore, accounting for 13.32% of total loans.
Not investment advice. For informational purposes only.