Maharatna CPSE REC has reported a net profit of ₹4,236 crore in the January-March 2025 period, a 5% YoY growth from ₹4,016 crore in the year-ago period. The company's total income surged 24% YoY to ₹15,174 crore in the said period, compared to ₹12,263 crore in the year-ago period.

The net interest income grew 38% YoY to ₹5,876 crore vs ₹4,263 crore in the same period last year. Disbursements stood at ₹45,538 crore in Q4 FY25, up 16% YoY from ₹39,374 crore in the year-ago period. The net interest margin in the same period came in at 3.64% vs 3.60%, up 4 bps.

For the full fiscal year 2025, PSU REC's disbursements reached ₹1,91,185 crore, an 18% increase from ₹1,61,462 crore in FY24. The company's net interest income saw a rise of 27%, climbing to ₹19,878 crore from ₹15,685 crore. Net profit also grew by 12% to ₹15,713 crore, compared to ₹14,019 crore in the previous year. Total income for FY25 stood at ₹55,980 crore, a 19% jump from ₹47,214 crore in FY24. The net interest margin improved 6 basis points, from 3.57% in FY24 to 3.63% in FY25.

"Owing to growth in all the verticals, resetting of interest rates on loan assets and effective management of Finance Cost, REC is able to maintain its spreads and NIMs resulting in robust profit after tax of ₹15,713 crore for the year ended March 31, 2025. As a result, the Earnings Per Share (EPS) for the year ended March 31, 2025 accelerated to ₹59.55 (Annualized) per share as against ₹53.11 per share as at March 31, 2024," the company said in a statement.

The loan book i.e. asset under management (AUM) increased on sustained basis to ₹5.66 lakh crore as on March 31, 2025 against ₹5.09 lakh crore as on March 31, 2024. Further, the net credit-impaired assets reduced to 0.38% from 0.86% post resolution of five credit impaired loan assets having aggregate amount of ₹6,171 crore during the FY 2024-25.

Aided by growth in profits, the company's net worth has grown to ₹77,638 crore as on March 31, 2025, as compared to ₹68,783 crore as on March 31, 2024 registering an increase of 13% YoY.

The company says its Capital Adequacy Ratio (CRAR) stands at a comfortable 25.99% as of March 31, 2025, indicating an opportunity to support the future growth. The company board has recommended final dividend of ₹2.60 per equity share (on face value of ₹10/- each), subject to approval of shareholders in the ensuing AGM of the company. The total dividend per share (including proposed final dividend) for FY25 stands at ₹18 compared to ₹16 for the financial year 2023-24.