REC Limited (RECLTD) — FY25 Annual Report | 1 August 2025(2 announcements)

REC Limited reported a consolidated net profit of ₹87.22 crores for FY 2024-25, up from ₹6,755.88 crores in the previous year, reflecting a significant turnaround. The company maintained its focus on green financing, with renewable energy loan disbursements growing 63% YoY and the renewable loan book expanding 49%. REC also advanced its ESG commitments, including a 1 MWp captive solar plant, 76% electric vehicle fleet adoption, and 100% green power supply agreement for FY 2025-26. Material risks include climate change impacts and regulatory compliance challenges, though these are being mitigated through ESG integration and green finance frameworks.

REC Limited reported a net profit of ₹15,713 crore for FY 2024-25, up from ₹14,019 crore in the previous year, driven by strong financial performance and ₹18 per share total dividend. The company maintained a debt-equity ratio of 6.29x and interest coverage of 1.58x, reflecting stable leverage. Renewable energy financing grew 49% YoY, with ₹1,05,258.87 crore in loans sanctioned and ₹1,91,185 crore disbursed. The Board approved a ₹1,55,000 crore private placement of NCDs over one year and reappointed key directors including Jitendra Srivastava as Chairman. The AGM is scheduled for August 27, 2025, with e-voting available via NSDL. ESG initiatives include a Green Finance Framework and 63% YoY growth in renewable disbursements.