REC Limited Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Interest and Dividend Income	574,799	578,707	551,136	464,337	388,582	381,987
Total Interest Expense	360,514	362,381	341,288	299,526	237,299	220,475
Net Interest Income	214,285	216,325	209,848	164,811	151,283	161,512
Commissions and Fees	12,299	12,649	3,937	2,360	2,872	5,728
Gain (Loss) on Sale of Investments	-	-	2,673	489.3	-239	-47.9
Other Revenue	4,927	4,486	5,933	7,984	3,645	5,150
Revenue Before Loan Losses	231,511	233,460	222,391	175,645	157,561	172,343
Provision for Loan Losses	-1,254	2,314	8,862	-13,671	1,051	34,344
Revenue	232,764	231,146	213,528	189,316	156,510	137,999
Revenue Growth	7.79%	8.25%	12.79%	20.96%	13.41%	17.89%
Salaries & Employee Benefits	2,818	2,715	2,706	2,334	2,075	1,843
Cost of Services Provided	6,488	6,598	5,350	5,029	3,080	2,840
Other Operating Expenses	1,857	1,808	2,249	794.1	1,142	737.3
Total Operating Expenses	11,434	11,392	10,552	8,397	6,540	5,603
Operating Income	221,331	219,755	202,976	180,919	149,970	132,397
Earnings From Equity Investments	-	-	-	-	-	-118.1
Currency Exchange Gain (Loss)	-11,324	-2,726	-2,082	-1,666	-11,140	-7,991
EBT Excluding Unusual Items	213,490	217,471	201,194	179,403	138,987	124,297
Gain (Loss) on Sale of Investments	-9,625	-9,625	-32.6	-	-	-287.2
Other Unusual Items	-182.8	-182.8	28.9	239	15.7	100.9
Pretax Income	203,682	207,663	201,175	179,599	138,977	124,305
Income Tax Expense	43,330	44,582	42,332	38,145	27,307	23,948
Net Income	160,352	163,082	158,842	141,455	111,670	100,357
Preferred Dividends & Other Adjustments	-	-	333	333	333	341.2
Net Income to Common	160,352	163,082	158,509	141,122	111,337	100,016
Net Income Growth	-4.87%	2.89%	12.32%	26.75%	11.32%	19.38%
Shares Outstanding (Basic)	2,639	2,638	2,633	2,633	2,633	2,633
Shares Outstanding (Diluted)	2,639	2,638	2,633	2,633	2,633	2,633
Shares Change	0.21%	0.20%	-	-	-	-
EPS (Basic)	60.77	61.81	60.20	53.59	42.28	37.98
EPS (Diluted)	60.77	61.81	60.20	53.59	42.28	37.98
EPS Growth	-5.07%	2.68%	12.32%	26.75%	11.33%	19.38%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	-	58,964	-391,484	-577,568	-373,775	-8,715
Free Cash Flow Per Share	-	22.35	-148.67	-219.34	-141.95	-3.31
Dividend Per Share	18.200	18.550	18.000	16.000	12.600	11.480
Dividend Growth	-4.71%	3.06%	12.50%	26.98%	9.76%	20.43%
Operating Margin	95.09%	95.07%	95.06%	95.56%	95.82%	95.94%
Profit Margin	68.89%	70.55%	74.23%	74.54%	71.14%	72.48%
Free Cash Flow Margin	-	25.51%	-183.34%	-305.08%	-238.82%	-6.31%
Effective Tax Rate	21.27%	21.47%	21.04%	21.24%	19.65%	19.27%
Revenue as Reported	592,739	596,284	564,340	475,712	395,202	393,392