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REC announces Rs 4.60 interim dividend and proposes Rs 2.60 final dividend for FY25
REC announces Rs 4.60 interim dividend and proposes Rs 2.60 final dividend for FY25

Business Upturn

time24-07-2025

  • Business
  • Business Upturn

REC announces Rs 4.60 interim dividend and proposes Rs 2.60 final dividend for FY25

By Aditya Bhagchandani Published on July 24, 2025, 16:15 IST REC has declared its 1st interim dividend of ₹4.60 per share for FY26. The record date for eligibility is August 1, 2025, and payment will be made by August 21, 2025. Additionally, the company has proposed a final dividend of ₹2.60 per share for FY25, subject to shareholder approval at the upcoming AGM. The record date for this final dividend is set as August 14, 2025, with payment to follow within 30 days post-approval. Total dividend payout (interim + proposed final): ₹7.20 per share REC Limited also reported a consolidated net profit of Rs 4,465.71 crore for the quarter ended June 30, 2025 (Q1 FY26), marking a 29% year-on-year (YoY) rise compared to Rs 3,460.19 crore in the same quarter last year. The company's total revenue from operations stood at Rs 14,737.45 crore, reflecting a 13% YoY growth from Rs 13,078.66 crore in Q1 FY25. Total income, including other income, was reported at Rs 14,823.98 crore in Q1 FY26, up from Rs 13,092.44 crore a year ago. Profit before tax for the quarter stood at Rs 5,666.41 crore, compared to Rs 4,349.23 crore in the corresponding quarter of the previous year. REC incurred total expenses of Rs 9,157.57 crore during the reporting quarter, slightly up from Rs 8,743.22 crore in Q1 FY25. Finance costs stood at Rs 8,934.18 crore for the quarter. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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