Archive · 25 Jul 2025

REC Shares Fall Despite Strong Profit Jump in Q1 FY26

REC Shares Fall Despite Strong Profit Jump in Q1 FY26

The Rural Electrification Corporation (REC) had a good financial quarter.

They made 29% more profit than last year.

Although their profits went up, the price of REC's shares went down a little.

The company also earned more money from interest, which is a sign that their business is doing well.

REC announced they will give some of their profits to shareholders in the form of dividends.

This is a payment to people who own the company's stock.

The company's assets also increased.

Sources