REC Limited, a central public sector undertaking under the Ministry of Power in India, experienced a 21.69% year-on-year decline in consolidated net profit, reporting ₹3,375.08 crore for the fourth quarter of FY26. This decline was accompanied by a 4.98% drop in total income, which fell to ₹14,583.39 crore. On a sequential basis, the company's net profit decreased 16.71%, while total income declined 3.16%. Total expenses increased by 3.15% year-on-year to ₹10,168.85 crore. The finance cost rose to ₹8,930.74 crore, marking a 1.85% YoY increase, while employee benefits expenses decreased by 17.89% to ₹70.20 crore. For the full fiscal year, REC's consolidated net profit grew 2.67% to ₹16,308.17 crore, supported by a 5.67% increase in total income to ₹59,628.35 crore. The board has proposed a final dividend of ₹1.55 per share, in addition to interim dividends totaling ₹7, bringing the total dividend for FY26 to ₹8.55 per share, pending shareholder approval at the upcoming Annual General Meeting (AGM).