REC (RECLTD) — Corporate Action

1 Corporate Action 🔴 High Importance ✨ Positive 📄 PDF

REC Limited reported a 69.9% YoY revenue jump to ₹25,365.05 crores for Q3 FY2024-25, driven by strong interest and dividend income, while profit before tax rose 1818.46 crores. The Board approved interim dividend of ₹4.30 per share with record date February 14, 2025, and formed a renewable energy JV with Mahagenco. Auditors confirmed no material misstatements under SEBI regulations.

2 Corporate Action 🔴 High Importance Neutral 📄 PDF

REC Limited reported a 69.9% YoY surge in consolidated revenue to ₹25,365 crores for Q3 FY25, driven by strong interest and dividend income, while profit before tax rose 1818.46 crores. The Board approved interim dividend of ₹4.30 per share with record date February 14, 2025, payable by March 6. A 50:50 joint venture with Mahagenco targets renewable energy projects. Auditor review confirmed no material misstatements under SEBI regulations.

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About REC Limited (RECLTD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹91,070.05 Cr P/E: 5.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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