Power sector financier, REC, has reported a robust profit after tax of Rs.157.13 billion for the financial year ended March 31, 2025, driven by strong growth across all verticals, recalibration of interest rates on loan assets, and effective financial cost management.
Earnings per share rose to Rs.59.55, up from Rs.53.11 in the previous year. The company’s assets under management expanded to Rs.5.66 trillion, maintaining its growth trajectory from Rs.5.09 trillion in FY24. Net credit-impaired assets declined to 0.38 per cent following the resolution of five stressed loan accounts worth Rs.61.71 billion.
REC’s net worth increased 13 per cent YoY to Rs.776.38 billion, while its capital adequacy ratio stood at a comfortable 25.99 per cent, underscoring its strong financial position. The company continues to expand its lending portfolio, supporting key infrastructure projects, including renewable energy and transmission systems.
As part of its commitment to shareholder returns, the board has recommended a final dividend of Rs.2.60 per equity share, bringing the total dividend for FY25 to Rs.18 per share, up from Rs.16 in FY24. The company has said it remains well-positioned to capitalise on future growth opportunities while ensuring stability in its financial and operational performance.