CORPORATE
REC’s total revenue rises by 19% to Rs 55,980 crore in FY25
- IBJ Bureau
- May 09, 2025
The Board of Directors of REC today approved the audited standalone and consolidated financial results for the year ended March 31, 2025.
REC’s total income for FY25 rose by 19 per cent to Rs 55,980 crore as against Rs 47,214 crore in FY24. The company’s net profit went up by 2 per cent to Rs 15,713 crore as against Rs 14,019 crore during the period under review. Net interest income and net interest margin (NIM) jumped by 27 per cent and 6 basis points from Rs 19,878 crore compared with Rs 15,685 crore and from 3.63 per cent as against 3.57 per cent respectively.
Owing to growth in all the verticals, resetting of interest rates on loan assets and effective management of finance cost, REC is able to maintain its spreads and NIMs resulting in robust profit after tax of Rs 15,713 crore for the year ended March 31, 2025.
As a result, earnings per share (EPS) for the year ended March 31, 2025, accelerated to Rs 59.55 (annualised) per share as against Rs 53.11 per share as at March 31, 2024.
Loan book or asset under management (AUM) has maintained its growth trajectory and has increased on a sustained basis to Rs 5.66 lakh crore as on March 31, 2025 against Rs 5.09 lakh crore as on March 31, 2024.
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