REC Limited has informed the Exchange about recommendation of Final Dividend for FY 2025-26.
RECLTD · price
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REC Limited's Board, at its meeting on April 28, 2026, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, and recommended a final dividend of ₹1.55 per equity share (face value ₹10), subject to shareholder approval at the upcoming AGM. This is on top of interim dividends of ₹17 per share already paid in four tranches during the year, taking the total FY 2025-26 dividend to ₹18.55 per share. Standalone net profit for FY26 stood at ₹16,282.26 crore (up from ₹15,713.21 crore in FY25), with total income of ₹59,187.22 crore and EPS of ₹61.71. The final dividend, if approved, will be paid within 30 days of the AGM, and will be remitted only through electronic mode.
Shareholders stand to receive a strong total dividend of ₹18.55 per share for FY 2025-26, which translates to a high single-digit yield at current market price, making REC attractive for income-focused investors. The 4% YoY growth in net profit and consistent dividend payout reinforce the stock's appeal as a stable PSU NBFC play.