CORPORATE
REC’s net profit rises by 29% to Rs 4,451 crore for June 2025 quarter
- IBJ Bureau
- Jul 25, 2025
REC’s total income rose by 13 per cent at Rs 14,734 crore for the June 2025 quarter as against Rs 13,037 crore during the year-ago quarter. The State-owned power sector financier registered a 29 per cent rise in net profit at Rs 4,451 crore.
The company declared interim dividend of Rs 4.60 per equity share (on face value of Rs 10 each), REC has said in a media release.
Net interest income increased by 17 per cent to Rs 5,247 crore compared to Rs 4,474 crore. Return on net worth went up by 312 basis points from 19.51 to 22.63 per cent.
The company disbursed loans of Rs 59,508 crore for the June 2025 quarter, over 36 per cent higher than Rs 43,652 crore in the year-ago period. Disbursement to renewable sector was up by 35 per cent.
Owing to growth in all the verticals, REC has been able to maintain its spreads at 2.96 per cent and NIM at 3.74 per cent. As a result, the annualised earnings per share (EPS) for the same period increased by 29 per cent to Rs 67.60 as against Rs 52.28.
The loan book has maintained its growth trajectory on a sustained basis at Rs 5.85 lakh crore as against Rs 5.30 lakh crore. The net credit-impaired assets as on June 30, 2025, have reduced to 0.24 per cent from 0.82 per cent as on June 30, 2024, with a provision coverage ratio of 77.05 per cent on NPA assets as on June 30, 2025.
Aided by growth in profits, the net worth has grown to Rs 79,688 crore as on June 30, 2025, REC has added.
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