REC Limited — Important, 03-01-2025: General Updates

Loan disbursements for the quarter and nine months ended December 31, 2024, have shown positive momentum for the company. In Q3 FY24-25, total loans disbursed reached ₹54,692 crore, marking a 17.98% increase compared to ₹46,358 crore in Q3 FY23-24. For the nine months of FY24-25, loan disbursements totaled ₹1,45,647 crore, up 19.30% from ₹1,22,089 crore in the same period last year. Notably, renewable energy loans have surged significantly, with Q3 disbursements of ₹6,314 crore, up 58.09% from ₹3,994 crore in Q3 FY23-24. In the first nine months, renewable energy loan disbursements reached ₹17,612 crore, a striking 78.68% increase from ₹9,857 crore. This growth trajectory positions the company well within the sustainable financing space, reflecting a positive outlook for expansion in renewable energy initiatives. Investors should watch closely for further developments in this area, as the emphasis on renewable projects could yield substantial future benefits.