Archive · 24 Jul 2025
REC and Adani Energy Solutions Report Strong Q1 Earnings
Two energy companies, REC Ltd and Adani Energy Solutions Ltd, had a good quarter.
REC, which finances power projects, made more profit and is giving out dividends to its shareholders.
Adani Energy Solutions, which transmits and distributes electricity, also made a profit this quarter.
REC's profits and interest income are up, indicating strong performance in their lending business.
Adani anticipates more activity and investment in the coming quarter after the monsoon season.
REC Ltd's net profit increased by 29% YoY to ₹4,465 crore in Q1 FY26.
REC's net interest income (NII) grew by 37.6% YoY to ₹5,666 crore.
REC declared a first interim dividend of ₹4.60 per equity share for FY26.
Adani Energy Solutions Ltd (AESL) reported a consolidated net profit of Rs 538.94 crore for June quarter FY26.
AESL's total income rose to ₹7,025.49 crore in the quarter.
- Who
- REC Ltd and Adani Energy Solutions Ltd.
- What
- REC Ltd and Adani Energy Solutions Ltd reported their financial results for Q1 FY26, with REC showing a 29% increase in net profit and AESL reporting a profit of ₹538.94 crore.
- When
- The financial results are for the first quarter of FY26.
- Where
- India
- Why
- REC's strong performance is attributed to its core lending business and Adani's profit mainly due to higher revenues from transmission business.
- REC Ltd Net Profit (Q1 FY26)
- ₹4,465 crore
- REC Ltd NII Growth (YoY)
- 37.6%
- REC Dividend (Interim)
- ₹4.60 per share
- REC Dividend Record Date
- August 1, 2025
- AESL Net Profit (Q1 FY26)
- ₹538.94 crore
- AESL Total Income
- ₹7,025.49 crore
