REC Ltd. Results Analysis Q1FY26

Interest Earned for Q1FY26 is Rs. 14,192 Crs.,13.54% growth YoY, Net Interest Income is Rs. 5,247 Crs., 17.28% growth YoY, Total Income is Rs. 14,734 Crs.,13% growth YoY, Net Interest Margin is 3.74% which is up by 10 basis Points only, Operating Profit Rs. 5,105 Crs., 34.7% growth YoY, PBT Rs. 5,647 Crs., 30.5% growth YoY, PAT Rs. 4,451 Crs., 29.3% growth YoY. For Q1FY26 Gross NPA (Credit Impaired assets) 1.05% vs 2.61% in Q1FY25, Net NPA (Credit Impaired assets) 0.24% vs 0.82% in Q1FY25. Good Improvement in asset quality. Return on Net Worth for Q1FY26 is 22.63% which is improved by 312 bps YoY. On QoQ basis Interest Earned is down by 3.1% growth, Net Interest Income is down by 10.72%, Total Income is down by 3%, But Operating Profit is up by 5.5%, PBT is up by 4.87%, PAT is up by 5%.