New Delhi: REC Limited on Friday announced a second interim dividend of ₹4.60 per share for fiscal year 2025-26, following a record performance in the first half of the financial year.
The state-run infrastructure finance company reported its highest-ever half-year profit after tax of ₹8,877 crore, up 19% from ₹7,448 crore in the same period last year. Disbursements surged 27% year-on-year to ₹1,15,470 crore, compared with ₹90,955 crore in H1 FY25.
Total income for the first half of FY26 rose 12% to ₹29,828 crore, while net interest income climbed 15% to ₹10,608 crore. During the second quarter alone, sanctions nearly doubled to ₹1,49,832 crore from ₹76,200 crore a year ago.
REC maintained healthy margins, with spreads at 2.89% and a net interest margin (NIM) of 3.64%. Earnings per share rose 19% to ₹67.24 as of September 30, 2025. The company’s loan book expanded to ₹5.82 lakh crore, while net credit-impaired assets declined sharply to 0.24% from 0.88% a year earlier.
The company’s net worth stood at ₹82,739 crore as of September 30, 2025. With the latest payout, the total interim dividend for FY26 amounts to ₹9.20 per share.
