REC clocks Rs 4,149 crore profit in Q1 FY27, up by 23% from last quarter

Despite a dynamic operating environment, REC sustained a healthy NIM of 3.34%, reflecting the strength of its lending portfolio and disciplined financial management. Consequently, the Company delivered an annualised EPS of Rs 63.04 per share for the quarter ended June 30, 2026, underscoring its robust earnings performance. 

REC's standalone loan book stood at Rs 5.90 lakh crore as on June 30, 2026 which is the largest for any CPSU-NBFC in India, demonstrating the strength and stability of its lending operation. Aided by growth in profits, the Net Worth has grown by 15% on Y-o-Y basis to Rs 91,836 crore as on June 30, 2026.

The renewable energy portfolio continued to witness robust traction, growing to Rs 78,596 crore, constituting 13.32% of the overall loan composition, reinforcing REC's commitment to fostering sustainable infrastructure development and accelerating the growth of green energy in India. The infrastructure and logistic portfolio has grown to Rs 59,289 crore, which is over 10% of the overall loan assets.

Indicating the ample opportunity to support the future growth, the Capital Adequacy Ratio (CRAR) of the Company stands at comfortable 23.06% as at June 30, 2026 against the regulatory minimum of 15% as mandated by RBI.

The Company was recognized with the ‘NBFC of the Year’ Award at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026 and the ‘AI & GenAI Adoption Excellence Award’ at the 2nd Bharat PSU Manthan & Excellence Awards 2026. REC Limited is strategically broadening its business footprint through targeted investments in conventional power, renewal energy and infrastructure & logistics development in the country.