REC Q3 Results, Jan. 29 -- REC , the Maharatna public sector lender focused on the power sector, reported a standalone net profit of Rs.4,043.08 crore for the third quarter of FY26. This represented a modest year-on-year increase compared with a net profit of Rs.4,029.09 crore recorded in the corresponding quarter of the previous financial year. Sequentially, however, the profit fell 8.6% from Rs.4,425.86 crore in the June quarter (Q2FY26).

Revenue from operations for REC rose over 5% in quarter under review to Rs.14,910.88 crore from Rs.14,157.19 crore in the year-ago period. Sequentially, it marginally fell 1% from Rs.15,084.13 crore in Q2FY26.

Total expenses rose 8.5% to Rs.9,836.10 crore in Q3FY26 from Rs.9,063.04 crore in Q3FY25. ...