REC Ltd Declares Second Interim Dividend of Rs 4.60 for FY26 Amid Strong Q2 Performance

REC Ltd, a Maharatna PSU, has declared its second interim dividend for FY26, continuing to reward its shareholders. The dividend will be credited in November, with the record date already set. This announcement follows REC's impressive Q2 FY26 results, which highlighted significant growth in sales and profitability. Investors are now contemplating whether to purchase REC shares before the record date or wait for potential post-dividend price adjustments.

The Board of Directors has approved a dividend of Rs 4.60 per equity share of Rs 10 each as the second interim dividend for the financial year 2025-26. "Further, the record date for the said interim dividend is Monday, October 27, 2025 and the said interim dividend shall be paid/ dispatched on or before November 14, 2025 to those shareholders, whose names appear (i) as beneficial owners in the statement(s) furnished by the depository(ies) as on the close of business hours on October 27, 2025 in respect of shares held in electronic form; and (ii) as members in the register of members on October 27, 2025 in respect of physical shares," said REC in a stock exchange filing.

REC Ltd reported a net profit of Rs 4,414.93 crore for the September quarter, marking a 9% increase from Rs 4,037.72 crore in the same quarter of the previous fiscal year. The company's total revenue rose by 10.62%, reaching Rs 15,162.38 crore during July-September compared to Rs 13,706.31 crore in the corresponding period last year. Interest income also saw an increase from Rs 13,484.82 crore in Q2 FY25 to Rs 14,589.97 crore in Q2 FY26.

Riyank Arora, a technical analyst at Mehta Equities Ltd., noted that "REC is trading with bullish momentum after a brief consolidation phase. The stock has witnessed consistent buying on declines, supported by strong volume participation. Technical indicators remain favorable, suggesting strength in the ongoing uptrend. The broader structure continues to show higher lows, keeping the outlook positive in the near term."

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