Gurugram: REC Limited reported record operating and financial results at its 56th Annual General Meeting.
Chairman and Managing Director Jitendra Srivastava said loan sanctions during FY25 reached ₹3.37 lakh crore, with disbursements of ₹1.91 lakh crore. The loan book grew 11% year-on-year to ₹5.67 lakh crore, while net worth rose 13% to ₹77,638 crore. Total income climbed 19% to ₹55,980 crore and net profit after tax advanced 12% to ₹15,713 crore.
Srivastava said REC’s growth reflects “robust governance and effective capital deployment” across the power and infrastructure sectors. He added the company remains committed to building a “green, inclusive and resilient energy ecosystem,” guided by ESG principles.
At the AGM, the Board also released REC’s second Sustainability Report, aligned with the Global Reporting Initiative (GRI) standards, detailing the company’s ESG performance.
REC Limited is a Maharatna public financial institution under the Ministry of Power, financing projects in power, energy transition, and infrastructure.
