REC Q3 FY26 Financial Performance: Steady Profit and Dividend Declaration
The Maharatna public sector financial institution REC Limited, which specializes in financing the power sector, has announced its standalone financial results for the third quarter of the fiscal year 2025-26. The company reported a net profit of ₹4,043.08 crore for Q3 FY26, demonstrating resilience in a challenging economic environment.
Year-on-Year Profit Comparison Shows Modest Growth
When compared to the corresponding quarter of the previous financial year, REC's Q3 FY26 net profit represents a slight increase from ₹4,029.09 crore recorded in Q3 FY25. This marginal growth of approximately 0.35% indicates stable operational performance despite market fluctuations and sector-specific challenges facing the power financing industry.
Interim Dividend Declaration for Shareholders
In a significant development for investors, REC's board has approved the declaration of a third interim dividend for FY26 at 46%, which translates to ₹4.60 per equity share with a face value of ₹10 each. This dividend announcement underscores the company's commitment to returning value to its shareholders while maintaining financial stability.
Record Date and Payment Schedule Details
The company has fixed Friday, February 6, 2026 as the record date for determining eligible shareholders who will receive this interim dividend. According to the official announcement:
- The dividend will be paid on or before February 27, 2026
- For shares held in dematerialized form, eligibility will be based on beneficial ownership records in depositories at the close of business on the record date
- Shareholders holding physical shares must have their names recorded in the company's register of members as of the same date
The company stated in its official communication: "The third interim dividend for FY2025–26 has been declared at 46%, amounting to ₹4.60 per equity share."
Market Context and Industry Significance
As a key player in India's power sector financing landscape, REC's quarterly results are closely watched by market analysts and investors. The company's ability to maintain steady profitability while declaring a substantial interim dividend reflects its robust financial management and strategic positioning within the infrastructure financing sector.
The power sector in India continues to undergo significant transformation with increased focus on renewable energy and grid modernization, creating both opportunities and challenges for specialized financiers like REC. The company's performance in Q3 FY26 suggests it is navigating these dynamics effectively while continuing to support critical power infrastructure projects across the country.
Investors and market observers will be monitoring REC's future announcements and strategic initiatives as the company progresses through the remainder of the fiscal year, particularly in light of evolving energy policies and financing requirements in India's growing economy.
