Author: PPD Team Date: 12/05/2025
REC Limited reported a net profit of Rs 158.84 billion in FY 2024-25, marking a 12.29 per cent increase from Rs 141.45 billion in the previous year. Total income rose by 18.63 per cent to Rs 564.34 billion, compared to Rs 475.71 billion in FY 2023-24.
The company recorded disbursements of Rs 1,911.85 billion in FY 2024-25, up 18 per cent from Rs 1,614.62 billion last year. Net interest income increased by 27 per cent to Rs 198.78 billion. Net interest margin improved to 3.63 per cent, up from 3.57 per cent in FY 2023-24.
Earnings per share rose to Rs 59.55 from Rs 53.11 last year. REC attributed its performance to interest rate resets, growth across all verticals, and effective finance cost management.
The loan book expanded to Rs 5.66 trillion as of March 31, 2025, from Rs 5.09 trillion a year earlier. Net credit-impaired assets declined to 0.38 per cent from 0.86 per cent after resolving five accounts worth Rs 61.71 billion.
Net worth rose by 13 per cent year-on-year to Rs 776.38 billion. The capital adequacy ratio stood at 25.99 per cent as of March 31, 2025.
The board recommended a final dividend of Rs 2.60 per share, taking the total dividend for FY 2024-25 to Rs 18 per share, compared to Rs 16 per share in the previous year.