REC Ltd. recorded a 5.7% rise in its consolidated net profit in the quarter ended March 31, 2025.
The company posted a profit of Rs 4,310 crore for the fourth quarter of fiscal 2025 as compared to Rs 4,079 crore for the same period last year, according to an exchange filing on Thursday.
REC Q4 FY25 Highlights (Consolidated, YoY)
Net profit up 5.7% at Rs 4,310 crore versus Rs 4,079 crore
Total income up 20.8% at Rs 15,348 crore versus Rs 12,707 crore
REC Dividend
REC recommended a final dividend of Rs 2.6 per share at a face value of Rs 10 each for the financial year 2024–25.
The proposed dividend is subject to the approval from the shareholders during the annual general meeting. If approved, it will be distributed to eligible shareholders within 30 days of the declaration.
Shares of REC closed 4.51% lower at Rs 392.4 apiece on the NSE, compared to a 0.58% fall in the benchmark Nifty. The stock has fallen 26.52% in the last 12 months and 21.63% on a year-to-date basis.
Twelve analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 50.6%.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
