REC Limited — quarter and year ended 31-03-2026 (audited)
| Sl. No. | Particulars | Three Months Ended | Year Ended |
|---|---|---|---|
| 31-03-2026 (Audited) |
31-12-2025 (Unaudited) |
||
| 1 | Income | ||
| A | Interest Income | ||
| (i) | Interest Income on loan assets | 13,827.18 | 14,272.03 |
| (ii) | Other Interest Income | 274.40 | 279.75 |
| Sub-total (A) – Interest Income | 14,101.58 | 14,551.78 | |
| B | Other Operating Income | ||
| (i) | Dividend income | 29.92 | – |
| (ii) | Fees and commission income | 254.51 | 392.48 |
| (iii) | Net gain / (loss) on fair value changes | – | – |
| Sub-total (B) – Other Operating Income | 284.43 | 392.48 | |
| C | Total Revenue from Operations (A+B) | 14,386.01 | 14,944.26 |
| D | Other Income | 20.29 | 8.24 |
| Total income (C+D) | 14,406.30 | 14,952.50 | |
| 2 | Expenses | ||
| A | Finance costs | 8,931.65 | 9,242.93 |
| B | Net translation / transaction exchange loss/ (gain) | 94.17 | 47.51 |
| C | Fees and commission expense | 1.88 | 2.59 |
| D | Net loss / (gain) on fair value changes | 63.40 | 263.90 |
| E | Impairment on financial instruments | 572.14 | 111.01 |
| F | Employee benefits expenses | 62.80 | 63.74 |
| G | Depreciation and amortization | 6.75 | 6.67 |
| H | Corporate social responsibility expenses | 232.73 | 55.86 |
| I | Other expenses | 43.69 | 41.89 |
| Total expenses (A to I) | 10,009.21 | 9,836.10 | |
| 3 | Profit before tax (1-2) | 4,397.09 | 5,116.40 |
| 4 | Tax expense | ||
| A | Current tax | ||
| – Current year | 515.80 | 1,011.79 | |
| – Earlier years | 0.16 | (0.24) | |
| B | Deferred tax | 518.83 | 61.77 |
| Total tax expense (A+B) | 1,034.79 | 1,073.32 | |
| 5 | Net profit for the period (3-4) | 3,362.30 | 4,043.08 |
| 6 (I) | Other comprehensive Income/(Loss) Items that will not be reclassified to profit or loss |
||
| A | Re-measurement gains/(losses) on defined benefit plans | 1.14 | (9.01) |
| – Tax impact on above | (0.28) | 2.27 | |
| B | Changes in Fair Value of Equity Instruments measured at Fair Value through Other Comprehensive Income (FVOCI) | (50.20) | (94.08) |
| – Tax impact on above | – | 3.43 | |
| Sub-total (I) | (49.34) | (97.39) | |
| 6 (II) | Items that will be reclassified to profit or loss | ||
| A | Effective portion of gains and loss on hedging instruments in cash flow hedges | (1,681.01) | (847.14) |
| – Tax impact on above | 423.07 | 213.21 | |
| B | Cost of hedging reserve | (2,324.60) | 1,880.80 |
| – Tax impact on above | 585.05 | (473.36) | |
| Sub-total (II) | (2,997.49) | 773.51 | |
| Other comprehensive Income/(Loss) for the period (I+II) | (3,046.83) | 676.12 | |
| 7 | Total comprehensive income for the period (5+6) | 315.47 | 4,719.20 |
| 8 | Paid up equity share capital (Face Value ₹10 per share) | 2,633.22 | 2,633.22 |
| 9 | Other equity (as per audited balance sheet as at 31st March) | ||
| 10 | Basic earnings per equity share of ₹ 10 each (in ₹) | ||
| A | For continuing operations | 12.64 | 15.35 |
| B | For discontinued operations | – | – |
| C | For continuing and discontinued operations | 12.64 | 15.35 |
| 11 | Diluted earnings per equity share of ₹ 10 each (in ₹) | ||
| A | For continuing operations | 12.64 | 15.35 |
| B | For discontinued operations | – | – |
| C | For continuing and discontinued operations | 12.64 | 15.35 |
| S. No. | Particulars | Three Months Ended | Year Ended |
|---|---|---|---|
| 31-03-2026 (Audited) | 31-12-2025 (Unaudited) | ||
| 1. | Income | ||
| A | Interest Income | ||
| (i) | Interest Income on loan assets | 13,827.18 | 14,272.03 |
| (ii) | Other Interest Income | 291.93 | 287.93 |
| Sub-total (A) – Interest Income | 14,119.11 | 14,559.96 | |
| B | Other Operating Income | ||
| (i) | Dividend income | 9.63 | – |
| (ii) | Fees and commission income | 254.51 | 392.48 |
| (iii) | Net gain/(loss) on fair value changes | – | – |
| (iv) | Sale of services | 180.57 | 98.64 |
| Sub-total (B) – Other Operating Income | 444.71 | 491.12 | |
| C | Total Revenue from Operations (A+B) | 14,563.82 | 15,051.08 |
| D | Other Income | 19.57 | 7.52 |
| Total income (C+D) | 14,583.39 | 15,058.60 | |
| 2. | Expenses | ||
| A | Finance costs | 8,930.74 | 9,242.53 |
| B | Net translation/ transaction exchange loss/(gain) | 94.17 | 47.51 |
| C | Fees and commission expense | 1.88 | 2.59 |
| D | Net loss/(gain) on fair value changes | 63.40 | 263.90 |
| E | Impairment on financial instruments | 587.84 | 113.65 |
| F | Cost of services rendered | 132.11 | 56.53 |
| G | Employee benefits expenses | 70.20 | 70.63 |
| H | Depreciation and amortization | 6.89 | 6.80 |
| I | Corporate social responsibility expenses | 236.23 | 55.86 |
| J | Other expenses | 45.39 | 43.89 |
| Total Expenses (A to J) | 10,168.85 | 9,903.89 | |
| 3 | Profit before Exceptional Items and Tax (1-2) | 4,414.54 | 5,154.71 |
| 4 | Exceptional Items (Refer Note 9) | – | 18.28 |
| 5 | Profit before Tax (3-4) | 4,414.54 | 5,136.43 |
| 6 | Tax Expense | ||
| A | Current Tax | ||
| – Current Year | 525.00 | 1,022.04 | |
| – Earlier Years | 0.15 | 0.18 | |
| B | Deferred Tax | 514.31 | 61.77 |
| Total Tax Expense (A+B) | 1,039.46 | 1,083.99 | |
| 7 | Net profit for the period (5-6) | 3,375.08 | 4,052.44 |
| 8 | Other comprehensive Income/(Loss) | ||
| (I) |