REC Declared 4th Interim Dividend: Set March 26 As Record Date

The state-owned power sector financing company REC Ltd has set March 26, 2025, as the record date for its 4th interim dividend for FY25. On March 19, 2025, REC declared an interim dividend of ₹3.60 per share, which will be paid on April 16, 2025.

REC Interim Dividend Record Date: What This Mean For Shareholders?

As REC Ltd has set March 26 as the record date for its interim dividend, meaning that March 25, marks the last to buy REC shares to become eligible for the interim dividend. Further, any shares bought on or after March 26 (record date), won’t be eligible for the interim dividend.

REC 9MFY25 Performance

For the nine months ending FY25, the company reported robust financial performance. Total income surged to ₹40,805 crore, reflecting an 18% year-on-year (YoY) growth from ₹34,571 crore. Net Interest Income (NII) stood at ₹14,191 crore, marking a 24% YoY increase compared to ₹11,422 crore in the previous period. Net profit also rose by 15% YoY, reaching ₹11,477 crore, up from ₹10,003 crore.

The loan book expanded by 14% YoY to ₹5.66 lakh crore, up from ₹4.97 lakh crore. The company’s asset quality improved, with net credit-impaired assets decreasing to 0.74% from 0.82% YoY. Net worth saw a healthy increase of 18% YoY, reaching ₹76,502 crore, compared to ₹64,787 crore. The capital adequacy ratio stood strong at 25.33%, with Tier-I at 22.95% and Tier-II at 2.38%.

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