REC Ltd's Q4FY25 Quarter Results
- 09 May 2025
Result Summary
- REC Ltd reported a 11.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 23.9%.
- Its expenses for the quarter were down by 10.6% QoQ and up 23.2% YoY.
- The net profit increased 0.1% QoQ and increased 33.1% YoY.
- The earnings per share (EPS) of REC Ltd stood at 15.4 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 12706.66 | 14286.91 | 10254.63 | -11.1% | 23.9% |
Total Expenses | 8210.84 | 9189.34 | 6663.18 | -10.6% | 23.2% |
Profit Before Tax | 5229.48 | 5180.97 | 3901.23 | 0.9% | 34.0% |
Tax | 1150.39 | 1104.62 | 835.86 | 4.1% | 37.6% |
Profit After Tax | 4079.09 | 4076.35 | 3065.37 | 0.1% | 33.1% |
Earnings Per Share | 15.40 | 15.50 | 11.50 | -0.6% | 33.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
REC Ltd, also known as Rural Electrification Corporation Limited, is a public infrastructure finance company in India. The main focus of REC Ltd is to finance and promote power sector projects across India, particularly in rural and semi-urban areas. The company is involved in the generation, transmission, and distribution of power and engages in providing financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. As of the data available up to October 2023, any recent major developments within REC Ltd are not specified and hence remain unavailable.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), REC Ltd reported a total income of ₹12,706.66 crores. This represents a decline of 11.1% compared to the previous quarter (Q3FY25), where total income was ₹14,286.91 crores. However, when comparing year-over-year, there was a substantial increase of 23.9% from Q4FY24, where the total income was ₹10,254.63 crores. These figures reflect fluctuations in revenue generation over the periods in question, with a noticeable increase on a year-over-year basis.
Profitability
The profit before tax for Q4FY25 was ₹5,229.48 crores, slightly higher by 0.9% compared to Q3FY25, which stood at ₹5,180.97 crores. On a year-over-year basis, there was a significant increase of 34.0% from Q4FY24, where profit before tax was ₹3,901.23 crores. The tax expense for Q4FY25 was ₹1,150.39 crores, showing a quarter-over-quarter increase of 4.1% from ₹1,104.62 crores in Q3FY25, and a year-over-year increase of 37.6% from Q4FY24's ₹835.86 crores. Profit after tax remained relatively stable quarter-over-quarter, with a marginal increase of 0.1% to ₹4,079.09 crores in Q4FY25 from ₹4,076.35 crores in Q3FY25, while increasing by 33.1% year-over-year from ₹3,065.37 crores in Q4FY24. The earnings per share for Q4FY25 were ₹15.40, which decreased slightly by 0.6% from ₹15.50 in Q3FY25 but rose by 33.9% from ₹11.50 in Q4FY24.
Operating Metrics
The total expenses for REC Ltd in Q4FY25 were ₹8,210.84 crores, which is a decrease of 10.6% from the previous quarter (Q3FY25) where expenses were ₹9,189.34 crores. There was, however, an increase of 23.2% compared to the expenses of ₹6,663.18 crores in the same quarter of the previous year (Q4FY24). These figures demonstrate a reduction in operational costs on a quarter-over-quarter basis, while year-over-year expenses have increased. This shift in expenses correlates with the changes in total income and profits, reflecting the company's operational efficiencies and cost management strategies during these periods.
