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REC Profit Drops 21.69% in Q4 FY26
28 Apr
Summary
- REC's Q4 FY26 net profit fell 21.69% year-on-year.
- Total income decreased by 4.98% in the March 2026 quarter.
- The company recommended a final dividend of Rs 1.55 per share for FY26.
REC experienced a notable downturn in its financial performance for the fourth quarter of fiscal year 2026. The company's consolidated net profit registered a 21.69% year-on-year decrease, settling at Rs 3,375.08 crore for the quarter ending March 31, 2026. This decline was accompanied by a 4.98% reduction in total income.
Total expenses for the quarter rose by 3.15% compared to the same period in the previous fiscal year, reaching Rs 10,168.85 crore. Profit before tax also fell by 19.59%. For the full fiscal year 2026, however, REC posted a modest 2.67% increase in consolidated net profit and a 5.67% rise in total income.
The board has proposed a final dividend of Rs 1.55 per equity share for FY26, which, if approved by shareholders, will be paid after the Annual General Meeting. This adds to the interim dividends already declared, bringing the total for FY26 to Rs 8.55 per share.
