INTEGRATED FILING — NBFC



General information about company

Scrip code 532955
NSE Symbol RECLTD
MSEI Symbol NOTLISTED
ISIN INE020B01018
Name of company REC Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment NBFC-IFC
Start date and time of board meeting 29-01-2026   11:30:00
End date and time of board meeting 29-01-2026   15:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 14,52,658.00 43,62,887.00
(ii) Dividend Income 0.00 53.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 39,248.00 1,01,042.00
(v) Net gain on fair value changes 0.00 0.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 9,864.00 26,800.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 15,01,770.00 44,90,782.00
Other income 4,090.00 13,714.00
Total income 15,05,860.00 45,04,496.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 7,063.00 20,131.00
Finance costs 9,24,253.00 27,30,739.00
Depreciation, depletion and amortisation expense 680.00 2,016.00
Fees and commission expense 259.00 1,374.00
Net loss on fair value changes 26,390.00 89,906.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 11,365.00 (35,644.00)
(f) Other expenses
1 Corporate Social Responsibility Expenses 5,586.00 10,676.00
2 Other expenses 4,389.00 13,544.00
3 Cost of services rendered 5,653.00 16,905.00
4 Net translation/ transaction exchange loss/ (Gain) 4,751.00 17,843.00
Total other expenses 20,379.00 58,968.00
Total expenses 9,90,389.00 28,67,490.00
3 Total profit before exceptional items and tax 5,15,471.00 16,37,006.00
4 Exceptional items (1,828.00) (1,828.00)
5 Total profit before tax 5,13,643.00 16,35,178.00
7 Tax expense
8 Current tax 1,02,222.00 3,22,785.00
9 Deferred tax 6,177.00 19,085.00
10 Total tax expenses 1,08,399.00 3,41,870.00
11 Net Profit Loss for the period from continuing operations 4,05,244.00 12,93,308.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period 4,05,244.00 12,93,308.00
16 Other comprehensive income net of taxes 67,612.00 (1,11,952.00)
17 Total Comprehensive Income for the period 4,72,856.00 11,81,356.00
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 4,05,244.00 12,93,308.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 4,72,856.00 11,81,356.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 2,63,322.00 2,63,322.00
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 15.39 49.12
Diluted earnings per share from continuing operations 15.39 49.12
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 15.39 49.12
Diluted earnings per share 15.39 49.12
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio




Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains/(losses) on defined benefit plans -90100000 -500000
2 Changes in Fair Value of Equity Instruments measured at Fair Value through Other Comprehensive Income (FVOCI) -940800000 -255600000
Total Amount of items that will not be reclassified to profit and loss -1030900000 -256100000
2 Income tax relating to items that will not be reclassified to profit or loss (570.00) (1.00)
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gains and loss on hedging instruments in cash flow hedges -8471400000 -47433900000
2 Cost of hedging reserve 18808000000 32815500000
Total Amount of items that will be reclassified to profit and loss 10336600000 -14618400000
4 Income tax relating to items that will be reclassified to profit or loss 26,015.00 (36,792.00)
5 Total Other comprehensive income 67,612.00 (1,11,952.00)