HighPositive
Announced Mon, 27 Jul · 13:48 IST

Dividend stock REC extends gains for second consecutive session after Q1FY27 results. Details here

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

REC share price extended gains for a second session, climbing nearly 2 percent to an intraday high of Rs 367.90 after posting a 23 percent quarter-on-quarter rise in net profit to Rs 4,149 crore for Q1FY27, with net interest income up 5 percent QoQ at Rs 5,212 crore and NIM at 3.34 percent. The standalone loan book stood at nearly Rs 5.90 lakh crore with CRAR of 23.06 percent against the 15 percent regulatory minimum, while Stage-3 assets fell to 0.11 percent of the loan portfolio. REC also declared a first interim dividend of Rs 4.25 per share for FY26-27, with the record date set for 31 July 2026.