CALCULATE YOUR SIP RETURNS

REC Shares to Trade Ex-Date on March 26: Interim Dividend of ₹3.60

Written by: Sachin GuptaUpdated on: Mar 26, 2025, 9:23 AM IST
REC Limited decided to pay an interim dividend of ₹3.60, which was declared on March 19, 2025.
REC Shares to Trade Ex-Date on March 26: Interim Dividend of ₹3.60
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

REC share price will trade ex-date on March 26, 2025, meaning that the shareholders registered in the company’s books will be eligible for the ₹3.60 interim dividend.

REC Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Feb 14, 2025 Interim 4.30
Nov 08, 2024 Interim 4.00
Aug 09, 2024 Interim 3.50

REC Q3FY25 Earnings Highlights

The company’s loan assets/ assets under management grew by 14% in Q3. While disbursements reached an all-time high of ₹54,692 Crores in Q3, the loan book growth was limited to 14% due to some prepayments. However, REC anticipate that in Q4, its loan assets will grow between 15% and 17%, and it is confident about sustaining this growth rate in the coming years. As a result, the company is targeting a growth in its assets under management to approximately ₹10 lakh Crores by the end of 2030.

A significant portion of its disbursements has been directed towards renewable energy projects, with disbursements increasing by 79% in the first nine months for these projects. In comparison, non-power infrastructure and logistics saw a growth of 30%. Additionally, the company’s profit after tax has experienced a notable increase of 15%, reaching ₹11,477 Crores.

.

.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 26, 2025, 9:23 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers