The power sector financier’s strong H1 FY2026-27 performance was driven by growth in its loan book, renewable energy portfolio and disbursements. State-run power sector financier REC Ltd reported a profit after tax (PAT) of ā¹75.4 billion for the first half of FY2026-27, supported by strong growth in its loan book, renewable energy portfolio and disbursements....
Tag: loan book
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REC Declares First Interim Dividend as Q1 Profit Jumps 23%
The companyās standalone loan book stood at ā¹5.9 trillion as of June 30, the largest for any central government-owned NBFC in India. REC Ltd, the power sector financier, on Friday approved its standalone and consolidated financial results for the quarter ended June 30, 2026, declaring its first interim dividend of ā¹4.25 per share for FY2026ā27....