New Delhi. REC Limited, held its 57th Annual General Meeting (AGM) today through Video Conferencing, providing shareholders an opportunity to be apprised of the Company’s performance and key achievements during the financial year 2025-26.
Addressing the shareholders, Shri Jitendra Srivastava, CMD , REC Limited, highlighted the Company’s strong financial and operational performance and said that the year marked strong performance and strategic progress for REC amid a rapidly evolving global environment, with the Company continuing to focus on growth, resilience, sustainability, transparency and strong corporate governance.
REC Limited – Key Highlights
Financial & Operational
- Record Disbursements: ₹11 lakh crore disbursed in FY2025-26, the highest ever.
- Record Sanctions: ₹09 lakh crore in loans sanctioned during the year.
- Net profit stood at ₹16,282 crore.
Higher Income:
- Total income reached ₹59,187 crore.
- Growing Net Worth: Net worth crossed ₹84,000 crore, up around 9% YoY.
- Loan Growth: Gross loan assets reached ₹84 lakh crore by March 2026.
Renewable Energy & ESG
- Renewable Financing: 58 renewable projects with over 13,000 MW capacity were sanctioned.
- Large Funding Support: More than ₹85,000 crore sanctioned for renewable projects.
Renewable Portfolio:
- Renewable loan assets crossed ₹75,000 crore, growing around 30% YoY.
- Lower Emissions: REC’s renewable financing helped avoid about 7.6 million tonnes of CO₂
Strong ESG Performance:
- REC ranked highest among 505 companies in NSE’s ESG ratings.
ESG Reporting:
Released the 3rd edition of its ESG report.
Risk & Security: Continued ISO 31000:2018 and ISO 27001:2022 certifications.
CSR & Strategic Outlook
- CSR Spending: ₹338 crore allocated for healthcare, rural development, environment, sports and community initiatives.
- REC-PFC Merger: The proposed merger aims to strengthen the balance sheet and improve capital efficiency.
- Power Sector Support: The restructuring is expected to improve credit flow to the power sector.
Overall Outlook: REC continues to focus on growth, renewable energy financing, ESG and long-term financial strength.
