Below are the financial statements of REC, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2025 | 2024 |
|---|---|---|
| Revenue from operations | — | — |
| Interest income | 551,052a | 464,314.4a |
| Dividend income | 84.2a | 22.8a |
| Fees and commission income | 3,937.4a | 2,360.3a |
| Net gain/(loss) on fair value changes | 3,482.2a | 4,744.8a |
| Sale of services | 5,109.7a | 3,605.2a |
| Total revenue from operations | 563,665.5a | 475,047.5a |
| Other income | 674.8a | 664.8a |
| Total income | 564,340.3a | 475,712.3a |
| Expenses | — | — |
| Finance costs | -341,312.9a | -299,477.4a |
| Net translation/ transaction exchange loss | -2,081.5a | -1,665.7a |
| Fees and commission expense | -136.6a | -242.6a |
| Impairment on financial instruments | -10,215.8a | -13,795.8a |
| Cost of services rendered | -1,626.2a | -1,680.6a |
| Employee benefits expenses | -2,681.3a | -2,382a |
| Depreciation and amortization | -247a | -239.9a |
| Corporate social responsibility expenses | -2,915.3a | -2,517.8a |
| Other expenses | -1,949a | -1,702.7a |
| Total expenses | -363,165.6a | -296,112.9a |
| Profit before tax | 201,174.7a | 179,599.4a |
| Current tax | — | — |
| Current year | -40,989.1a | -33,291a |
| Earlier years | -2.5a | -39.7a |
| Deferred tax | -1,345.8a | -4,814.1a |
| Total tax expense | -42,332.4a | -38,144.8a |
| Profit for the year | 158,842.3a | 141,454.6a |
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