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REC Reports Record ₹8,877 Crore Profit in H1 FY26; Disbursements increased 27% to ₹1,15,470 crore

REC Reports Record ₹8877 Crore Profit in H1 FY26

New Delhi: REC Limited has reported its highest-ever profit of ₹8,877 crore for the first half of FY26, marking a 19% rise over ₹7,448 crore in the same period last year. The company’s total income grew 12% year-on-year to ₹29,828 crore, while net interest income rose 15% to ₹10,608 crore. Disbursements increased 27% to ₹1,15,470 crore. During the second quarter, sanctions nearly doubled to ₹1,49,832 crore compared to ₹76,200 crore in Q2 FY25. REC maintained healthy spreads of 2.89% and a net interest margin of 3.64%. The loan book expanded to ₹5.82 lakh crore, and net credit-impaired assets reduced sharply to 0.24%. Net worth stood at ₹82,739 crore as of September 30, 2025. Continuing its strong performance, the Board declared a second interim dividend of ₹4.60 per equity share, taking the total interim dividend for FY26 to ₹9.20 per share.

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