REC declares ₹4.25 interim dividend, sets record date for July 31
REC Limited declares a ₹4.25 interim dividend for FY27 and sets the record date for July 31, 2026. The company also fixes August 14, 2026, as the record date for the final dividend of ₹1.55 for FY26. Q4FY26 consolidated net profit was reported at ₹4,192.76 crore.
*this image is generated using AI for illustrative purposes only.
REC Limited has declared a first interim dividend of ₹4.25 per equity share for the financial year 2026-27, with shareholders holding units on July 31, 2026, eligible to receive the payout. The Maharatna public sector undertaking also fixed Friday, August 14, 2026, as the record date for its final dividend of ₹1.55 per share for FY2025-26, subject to shareholder approval at the upcoming Annual General Meeting. This dual dividend announcement coincides with the company’s disclosure of unaudited financial results for the quarter ended June 30, 2026, under Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors approved the dividends during its meeting held on July 24, 2026. Management confirmed that eligible shareholders will receive the dividend payments within 30 days from the date of declaration. The final dividend recommendation for FY26 was previously made by the Board and awaits formal ratification by shareholders.
Financial Performance in Q4FY26
For the quarter ended June 30, 2026, REC Limited reported a standalone net profit after tax of ₹4,149.46 crore, compared to ₹4,451.02 crore in the same period last year. On a consolidated basis, net profit stood at ₹4,192.76 crore, down from ₹4,465.71 crore in Q4FY25. Total income from operations for the quarter was ₹14,296.10 crore on a standalone basis and ₹14,434.92 crore on a consolidated basis.
| Metric | Standalone (₹ Cr) | Consolidated (₹ Cr) |
|---|---|---|
| Total Income from Operations | 14,296.10 | 14,434.92 |
| Net Profit Before Tax | 5,209.32 | 5,268.30 |
| Net Profit After Tax | 4,149.46 | 4,192.76 |
| Earnings Per Share (Basic) | ₹15.76 | ₹15.92 |
The company’s total comprehensive income for the period rose significantly to ₹7,396.65 crore (standalone) and ₹7,439.95 crore (consolidated), driven by other comprehensive income items. For the full year ended March 31, 2026, consolidated net profit was ₹16,308.17 crore against total operating income of ₹59,584.16 crore.
Balance Sheet Strength
As of June 30, 2026, REC’s standalone net worth increased to ₹91,836.22 crore from ₹84,290.41 crore at the end of FY26. The debt-equity ratio improved to 5.52 from 6.00 in March 2026, indicating a strengthening balance sheet position. Outstanding debt capital stood at ₹5,07,555.37 crore. The unaudited standalone financial results were limited reviewed by the Joint Statutory Auditors and approved by the Audit Committee prior to Board ratification.
Historical Stock Returns for REC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.88% | +3.43% | -0.08% | +0.07% | -9.60% | +215.31% |
How might the slight decline in Q4FY26 net profit impact REC's credit ratings or borrowing costs in the upcoming financial year?
What specific initiatives is REC planning to implement to sustain its dividend payout ratio given the fluctuation in quarterly earnings?
How will the improvement in the debt-equity ratio influence REC's capacity to fund new renewable energy projects under India's current infrastructure push?
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