Snapshot from Aug 13, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / REC Q1 FY27 profit up 23%
Business earnings release

REC Q1 FY27 profit up 23%

Analysis based on 6 articles · First reported Jul 24, 2026 · Last updated Jul 27, 2026

Sentiment
30
Attention
2
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

REC's strong earnings and dividend declaration signal robust financial health, likely boosting investor confidence in the NBFC sector. The expansion in renewable and infrastructure lending aligns with India's green energy goals, potentially attracting ESG-focused investments.

financial services power
Event Summary

ITC Limited reported a 23% sequential rise in net profit to ₹4,149 crore for Q1 FY27, with net interest income up 5% to ₹5,212 crore. The company declared a first interim dividend of ₹4.25 per share. Its standalone loan book reached ₹5.90 lakh crore, the largest among CPSU-NBFCs in India. The renewable energy portfolio grew to ₹78,596 crore (13.32% of total loans), and the infrastructure and logistics portfolio expanded to ₹59,289 crore. Asset quality improved with Stage-3 loan ratio at 0.11%. Capital Adequacy Ratio stood at 23.06%, well above the RBI minimum of 15%. REC attributed lower provisioning to improved power sector fundamentals and rationalized lending rates, resulting in a yield of 9.55%. The company also received the 'NBFC of the Year' award.

Key Actions
100 ITC Limited reported net profit
80 ITC Limited declared interim dividend
70 ITC Limited expanded renewable portfolio
60 ITC Limited reduced Stage-3 loan ratio
40 ITC Limited rationalized lending rates
Entities Involved
stock
ITC Limited
REC reported a 23% profit increase, declared a dividend, and showed strong loan book growth and asset quality improvement, reinforcing its market position.
Importance 100.0 Sentiment 70.0
stock
State Bank of India
RBI's regulatory minimum CRAR of 15% was referenced; REC's CRAR of 23.06% indicates ample headroom.
Importance 20.0 Sentiment 0.0
govactor
India — India
REC supports government programs and reforms in the power sector, contributing to long-term infrastructure development.
Importance 15.0 Sentiment 0.0
curr
India — Indian rupee
Financial results and dividend are denominated in India — Indian rupees, the reporting currency.
Importance 5.0 Sentiment 0.0
Relationships
ITC Limited related ↔ State Bank of India
State Bank of India related ↔ India — India
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