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