REC Limited Latest Updates

Quarterly Financial Performance and Dividend: REC Ltd. reported a consolidated net profit of ₹4,414.93 crore for the quarter ended September 30, 2025, which represents an increase of over 9% year-on-year compared to the same quarter last fiscal year. The total income for the July-September quarter of FY26 was ₹15,162.38 crore, marking an approximate 10.6% rise year-on-year. The company's Board of Directors declared a second interim dividend of ₹4.60 per equity share for FY 2025-26. The record date for this dividend has been set as October 27, 2025, with payment scheduled to be disbursed on or before November 14, 2025. Subsidiary and Corporate Actions: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary, completed the sale and transfer of its entire shareholding in two project-specific Special Purpose Vehicles (SPVs)/subsidiaries: Ananthapuram II Power Transmission Limited and SR WR Power Transmission Limited. These transfers were conducted through a tariff-based competitive bidding process. The company announced a change in its senior management with the appointment of Shri Dinesh Garg as the Company Secretary & Compliance Officer and Key Managerial Personnel, effective December 1, 2025, upon the retirement of the incumbent.