Archive · 24 Jul 2026
REC Reports Q1 FY27 Profits with Mixed Trends
REC, a state-run company in India, recently shared its financial results for the first quarter of the fiscal year 2027.
The company made a net profit of ₹4,193 crore, which is 6% less than the same period last year but 24% more than the previous quarter.
The total income was ₹14,200 crore, and expenses were ₹14,469 crore.
REC maintained a healthy Net Interest Margin of 3.34%, showing strong financial management.
The company's loan book grew to ₹5.90 lakh crore, the largest for any CPSU-NBFC in India.
The renewable energy portfolio grew to ₹78,596 crore, making up 13.32% of the total loans.
The infrastructure and logistic portfolio also grew to ₹59,289 crore.
REC reduced its Stage-3 loan asset ratio to 0.11%, indicating improved asset quality.
The company's Capital Adequacy Ratio stands at 23.06%, well above the regulatory minimum.
REC declared a first interim dividend of ₹4.25 per equity share, showing its commitment to shareholder returns.
REC reported a 6% year-over-year decline in net profit to ₹4,193 crore in Q1 FY27.
Sequential net profit increased by 24%, showing strong quarterly growth.
Total income was ₹14,200 crore, with total expenses at ₹14,469 crore.
REC maintained a Net Interest Margin of 3.34%, reflecting strong financial management.
The loan book grew to ₹5.90 lakh crore, the largest for any CPSU-NBFC in India.
- Who
- REC (Rural Electrification Corporation)
- What
- Reported Q1 FY27 financial results
- When
- Published on July 24, 2026
- Where
- India
- Why
- To provide updates on financial performance and strategic initiatives
Positive Growth Indicators
Year-over-Year Decline
Profit Performance
Positive Growth Indicators
REC's net profit increased by 24% sequentially, indicating strong quarterly growth.
Year-over-Year Decline
REC's net profit declined by 6% year-over-year, showing a decrease in annual performance.
Loan Portfolio Growth
Positive Growth Indicators
REC's loan book grew to ₹5.90 lakh crore, the largest for any CPSU-NBFC in India.
Year-over-Year Decline
The renewable energy portfolio, while growing, still constitutes only 13.32% of the overall loan composition.
- Net Profit (Q1 FY27)
- ₹4,193 crore
- Total Income (Q1 FY27)
- ₹14,200 crore
- Total Expenses (Q1 FY27)
- ₹14,469 crore
- Net Interest Margin (NIM)
- 3.34%
- Loan Book (as of June 30, 2026)
- ₹5.90 lakh crore
- Net Worth (as of June 30, 2026)
- ₹91,836 crore
- Renewable Energy Portfolio
- ₹78,596 crore (13.32% of total loans)
- Infrastructure and Logistic Portfolio
- ₹59,289 crore (over 10% of total loans)
- Stage-3 Loan Asset Ratio
- 0.11%
- Capital Adequacy Ratio (CRAR)
- 23.06%
- First Interim Dividend
- ₹4.25 per equity share