REC Q2 FY27 Results: Consolidated Net Profit Falls 21% To ₹3,478 Crore; Revenue Declines 1% Year On Year

  • Posted: 26 Oct 2026, 7:14 PM IST
  • 1.5 Min. Read
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REC Q2 FY27 Results: Consolidated Net Profit Falls 21% To ₹3,478 Crore; Revenue Declines 1% Year On Year
REC Q2 FY27 earnings, revenue performance, interim dividend and key updates for investors.
Summary

REC Limited reported a year-on-year decline in consolidated profit for Q2 FY27, although revenue improved sequentially. Consolidated revenue stood at ₹15,000.40 crore, down 1% from a year earlier, and net profit fell 21.2%. The board also declared a second interim dividend of ₹3.50 per equity share.

REC Limited reported consolidated total revenue of ₹15,000.40 crore for the quarter ended 30 September 2026, a decline of 1% from ₹15,152.67 crore in the year-ago quarter. Consolidated net profit fell 21.2% to ₹3,477.73 crore from ₹4,414.93 crore.

The board declared a second interim dividend of ₹3.50 per equity share for FY27. The record date is 30 October 2026, with payment expected by 21 November 2026.

The REC share price ended at ₹298.20 on 26 October 2026 on the National Stock Exchange (NSE), up 1.45% for the day.

REC Q2 Results: Other Financial Highlights

Sequentially, revenue increased 3.9% from ₹14,434.92 crore in Q1 FY27, while net profit declined from ₹4,192.76 crore. The company’s loan book reached ₹6.17 lakh crore at the end of September, after increasing by ₹26,537 crore during the quarter.

REC reported consolidated profit after tax of ₹7,540.64 crore for the six months ended 30 September 2026. Its net worth increased 14% year on year to ₹94,324.91 crore.

What Were REC’s Key Business Updates?

REC’s renewable energy portfolio grew 27% year on year to ₹86,660 crore. Its portfolio in non-power infrastructure and logistics reached ₹61,637 crore, representing more than 10% of overall loan assets.

During Q2 FY27, REC disbursed ₹53,541 crore to the power sector. Disbursements for the first half of FY27 reached ₹79,207 crore.

The company also issued a ₹500 crore pilot tranche of tokenised corporate bonds under the Securities and Exchange Board of India’s regulated sandbox framework. The issue received bids worth ₹796 crore.

Also Read - ITC Hotels Q2 FY27 Results: Net Profit Rises 51%, Revenue Grows 26%, And EBITDA Margin Expands To 32%

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

About the Author
Vishwa Ved
Vishwa Ved

Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.

At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.

When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.

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