Financial Institutions company REC announced Q2FY27 results Standalone Financial Highlights: Interest Earned: For Q2FY27, interest income stood at Rs 14,657.41 crore, reflecting a QoQ increase of 3.32% from Rs 14,186.73 crore in Q1FY27 and a YoY growth of 0.55% compared to Rs 14,577.09 crore in Q2FY26. For H1FY27, interest income reached Rs 28,844.14 crore, down YoY by 1.08% from Rs 29,158.46 crore in H1FY26. Total Income: For Q2FY27, total income stood at Rs 14,736.77 crore, marking a QoQ increase of 2.83% over Rs 14,331.40 crore in Q1FY27 but experiencing a YoY decrease of 2.37% from Rs 15,094.61 crore in Q2FY26. For H1FY27, total income reported was Rs 29,068.17 crore, a YoY drop of 2.55% against Rs 29,828.42 crore in H1FY26. Revenue from Operations: For Q2FY27, total revenue from operations was Rs 14,727.69 crore, increasing QoQ by 3.02% compared to Rs 14,296.10 crore in Q1FY27, while sliding YoY by 2.36% compared to Rs 15,084.13 crore in Q2FY26. For H1FY27, revenue from operations was Rs 29,013.79 crore, displaying a YoY reduction of 2.67% against Rs 29,809.69 crore in H1FY26. Profit Before Tax (PBT): For Q2FY27, PBT stood at Rs 4,273.95 crore, down QoQ by 17.96% from Rs 5,209.32 crore in Q1FY27 and down YoY by 23.03% from Rs 5,552.80 crore in Q2FY26. For H1FY27, PBT came in at Rs 9,483.27 crore, declining YoY by 15.33% from Rs 11,199.70 crore in H1FY26. Profit After Tax (PAT): For Q2FY27, net profit was Rs 3,391.18 crore, a sequential QoQ dip of 18.27% compared to Rs 4,149.46 crore in Q1FY27 and a YoY decline of 23.38% against Rs 4,425.86 crore in Q2FY26. For H1FY27, net profit stood at Rs 7,540.64 crore, down YoY by 15.05% relative to Rs 8,876.88 crore in H1FY26. Earnings Per Share (EPS): For Q2FY27, basic and diluted EPS stood at Rs 12.88, dropping QoQ by 18.27% from Rs 15.76 in Q1FY27 and dropping YoY by 23.38% from Rs 16.81 in Q2FY26. For H1FY27, basic and diluted EPS reported was Rs 28.64, a YoY reduction of 15.04% compared to Rs 33.71 in H1FY26. Consolidated Financial Highlights: Interest Earned: For Q2FY27, interest income generated was Rs 14,669.49 crore, up QoQ by 3.30% from Rs 14,200.47 crore in Q1FY27 and up YoY by 0.55% against Rs 14,589.97 crore in Q2FY26. For H1FY27, consolidated interest income recorded Rs 28,869.96 crore, showing a minor YoY contraction of 1.07% from Rs 29,181.43 crore in H1FY26. Total Income: For Q2FY27, total income achieved was Rs 15,010.43 crore, presenting a sequential QoQ expansion of 3.74% over Rs 14,469.49 crore in Q1FY27 but showing a YoY dip of 1.00% compared to Rs 15,162.38 crore in Q2FY26. For H1FY27, total income reached Rs 29,479.92 crore, down YoY by 1.69% relative to Rs 29,986.36 crore in H1FY26. Revenue from Operations: For Q2FY27, total revenue from operations reported was Rs 15,000.40 crore, jumping QoQ by 3.92% from Rs 14,434.92 crore in Q1FY27 while down YoY by 1.00% over Rs 15,152.67 crore in Q2FY26. For H1FY27, revenue from operations was Rs 29,435.32 crore, down YoY by 1.78% from Rs 29,969.26 crore in H1FY26. Profit Before Tax (PBT): For Q2FY27, PBT arrived at Rs 4,391.14 crore, falling QoQ by 16.65% against Rs 5,268.30 crore in Q1FY27 and down YoY by 20.87% against Rs 5,548.94 crore in Q2FY26. For H1FY27, PBT reported was Rs 9,659.44 crore, down YoY by 13.87% from Rs 11,215.35 crore in H1FY26. Profit After Tax (PAT): For Q2FY27, net profit stood at Rs 3,477.73 crore, recording a sequential QoQ compression of 17.05% against Rs 4,192.76 crore in Q1FY27 and a YoY decline of 21.23% over Rs 4,414.93 crore in Q2FY26. For H1FY27, net profit was Rs 7,670.49 crore, sliding YoY by 13.63% compared to Rs 8,880.64 crore in H1FY26. Earnings Per Share (EPS): For Q2FY27, basic and diluted EPS came in at Rs 13.21, a QoQ decrease of 17.02% from Rs 15.92 in Q1FY27 and a YoY decline of 21.23% from Rs 16.77 in Q2FY26. For H1FY27, basic and diluted EPS was Rs 29.13, decreasing YoY by 13.64% compared to Rs 33.73 in H1FY26. Business Highlights: Assets Under Management (AUM) & Loan Book Expansion: The overall loan book size grew significantly to Rs 6.17 lakh crore on September 30, 2026, delivering a sequential growth increase of 5% during the quarter. Renewable Energy Portfolio Size: The clean energy segments hold one of the largest asset bases across matching institutions, reaching Rs 86,660 crore, which denotes an expansion of 27% on a YoY basis. Infrastructure & Logistics Growth: Operations within the newly introduced non-power infrastructure and logistics divisions climbed to Rs 61,637 crore, accounting for more than 10% of total loan assets. Asset Quality Maintenance: Asset protection remains pristine as net Non-Performing Assets (NPA) dropped to 0.11% as of September 30, 2026, aided by a specific Stage III recovery resolution of Rs 4.16 crore during the quarter. Furthermore, Stage-II loan assets reduced significantly by 80% to Rs 3,235 crore compared to the previous year. Capital Adequacy Buffers: Capital sustainability continues to be well-fortified, highlighting a Capital to Risk-Weighted Assets Ratio (CRAR) of 24.04% alongside a Common Equity Tier 1 (CET 1) ratio of 20.91% as of September 30, 2026. Result PDF