REC (RECLTD) — Board Meeting

REC Limited reported Q1 FY2025 net profit of ₹4,451.02 crores, up sharply from ₹1,307.00 crores YoY, driven by improved margins and lower credit risk. The board declared an interim dividend of ₹4.60 per share with record date August 1, 2025, and set payment deadline August 21, 2025. Operating margin rose to 37.96% from 33.11%, while debt-equity held steady at 6.38. Gross impaired assets fell to 0.24% from 0.82%, reflecting stronger loan recovery. The company also appointed a new secretarial auditor and amended its trading code of conduct ahead of the AGM.

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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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