Shares of REC Ltd fell on Wednesday, April 29 after the Maharatna PSU reported earnings for the fourth quarter of previous fiscal on Tuesday.
REC shares dropped 4.7% intraday to Rs 358.1 apiece. The scrip was trading 3.06% lower by 10:51 a.m. The benchmark NSE Nifty 50 was up 1.21%.
ALSO READ: Hindustan Unilever Q4 Results This Week: Check Board Meeting Date, Dividend News And More
The PSU's net profit dipped 21.7% to Rs 3,375 crore in the fourth quarter of the financial year 2025-26 from Rs 4,309 crore in the same quarter previous year, according to an exchange filing from the company. Total income was down by 5% at Rs 14,583 crore compared to Rs 15,348 crore reported in Q4FY25. Notably, the quarterly results were declared shortly before the markets closed. The scrip ended 1.14% lower at Rs 373.75 on Tuesday, compared to a 0.4% decline in the Nifty 50.
The company also declared a fresh dividend of Rs 1.55 per share, which takes its cumulative annual payout to Rs 18.55 apiece.
REC declared a final dividend of Rs 1.55 per equity share, which is in addition to the interim dividend of Rs 17 per equity share already declared during the financial year in four tranches, thereby making total dividend for the financial year 2025-26 to Rs 18.55/- per equity share on face value Rs 10 each, the company said in its filing.
Notably, the company closed financial year 2025-26 with the highest-ever bottom-line of Rs 16,282 crore, even as its net profit slipped during the quarter ended March 31.
ALSO READ: REC Closes FY26 With Highest-Ever Profit, Strong Dividend
Key operational and financial highlights of FY26:
Sanctions: Rs 4,09,097 crore vs Rs 3,37,179 crore, up by 21%
Disbursement: Rs 2,11,189 crore vs Rs 1,91,185 crore, up by 10%
Disbursements (excluding RBPF): Rs 1,46,227 crore vs Rs 1,13,897 crore, up by 28%
Net Worth: Rs 84,290 crore as on March 31, 2026 vs Rs 77,638 crore as on March 31, 2025, up by 9%.
Capital Adequacy Ratio (CRAR): 23.11% as at March 31, 2026, Indicating ample opportunity to support future growth.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
