Organization

Rural Electrification Corporation Limited

public Infrastructure Finance Company in India’s power sector

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In the news

REC Q1 FY27 Net Profit ₹4,149 Cr

REC Ltd reported a Q1 FY27 standalone net profit of ₹4,149.46 crore, down 6.8% YoY, with improving asset quality and a first interim dividend of ₹4.25 per share, while consolidated results rose to ₹4,192.76 crore on ₹14,469.49 crore of income. The board also approved a merger by absorption with Power Finance Corporation, set at an 88-for-100 share exchange and an appointed date of April 1, 2027, along with related governance updates.

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Key facts

Headquarters: New Delhi
Inception: 1969
Website: http://recindia.nic.in/

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