REC Limited has informed the Exchange that Record date for the purpose of Final Dividend is 14-Aug-2025.
RECLTD · price
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REC Limited's Board, at its meeting on July 24, 2025, approved unaudited standalone and consolidated financial results for Q1 FY26. Standalone net profit rose about 29% year-on-year to ₹4,451.02 crore (vs ₹3,442.45 crore), driven by total income of ₹14,733.81 crore and profit before tax of ₹5,646.90 crore; EPS stood at ₹16.90 (vs ₹13.07). Consolidated net profit was ₹4,465.71 crore. The Board declared a 1st interim dividend of ₹4.60 per equity share for FY25-26, with record date August 1, 2025 and payment by August 21, 2025. It also fixed August 14, 2025 as the record date for the final dividend of ₹2.60 per share for FY24-25, pending shareholder approval at the AGM. Additionally, M/s. Agarwal S. & Associates was appointed as Secretarial Auditor for five years (FY25-26 to FY29-30).
Strong Q1 earnings growth and declaration of both interim and final dividends signal healthy cash generation and a shareholder-friendly approach, likely to be viewed positively by investors. Shareholders need to ensure their holdings are reflected by the respective record dates to be eligible for dividend payouts.