REC Limited — Results, 06-02-2025: Integrated Filing- Financial

REC Limited's Board has approved the financial results for the quarter and half-year ending December 31, 2024. The results reveal a revenue generation of ₹40,157.94 crore, reflecting solid growth. The company has also declared an interim dividend of ₹4.30 per equity share for FY 2024-25, with a record date of February 14, 2025, and payment expected by March 6, 2025. Additionally, REC Power Development and Consultancy Limited, a wholly-owned subsidiary, will form a 50:50 joint venture with Mahagenco Renewable Energy Limited for renewable energy project development. This strategic move may enhance REC's footprint in the green energy sector. Investors may view the dividend and joint venture positively, reflecting solid financial management and growth strategy.