NEW DELHI. REC Limited, a leading Central Public Sector Enterprise under the Ministry of Power, announced its financial results for the quarter and half-year ended September 30, 2026. Backed by surging nationwide peak power demand and expanded financing across sectors, the company recorded a Net Profit After Tax of ₹7,541 crore for H1 FY27, translating to an annualized EPS of ₹57.27. Reflecting strong operational performance, REC’s overall loan book expanded to ₹6.17 lakh crore, maintaining its standing as India’s largest standalone power sector financier. Consequently, the Board declared a second interim dividend of ₹3.50 per equity share.
Demonstrating a commitment to clean energy transition and sectoral diversification, REC’s renewable energy portfolio expanded by 27% year-on-year to ₹86,660 crore. Additionally, its non-power infrastructure and logistics portfolio reached ₹61,637 crore, accounting for over 10% of total loan assets. During the quarter, the company recorded the highest power sector disbursements among peers, reaching ₹53,541 crore for Q2 and ₹79,207 crore for H1 FY27, while maintaining a healthy Net Interest Margin (NIM) of 3.22%.
REC strengthened its financial resilience with Net Worth rising 14% year-on-year to ₹94,325 crore, supported by a Capital Adequacy Ratio (CRAR) of 24.04%. Through targeted recovery mechanisms, net NPAs dropped to 0.11%, and Stage-II loan assets saw an 80% reduction to ₹3,235 crore. Highlighting its market leadership, REC also launched India’s first tokenized corporate bond issue under the SEBI Regulated Sandbox framework—which saw robust demand totaling ₹796 crore—and received multiple national honors including the Data Center Champion Award 2026.
