IJR News — today's news from every sideMaya Lindstrom Same-day settlement using CBDC is the real story here, not the oversubscription. That's a big infra shift. Nicole Hardy Vacancies still falling while placements rise feels like firms replacing rather than expanding. Cautious optimism, not a boom. REC Q1 FY27 Net Profit ₹4,149 Cr — Jul 24, 2026REC Ltd reported a Q1 FY27 standalone net profit of ₹4,149.46 crore, down 6.8% YoY, with improving asset quality and a first interim dividend of ₹4.25 per share, while consolidated results rose to ₹4,192.76 crore on ₹14,469.49 crore of income. The board also approved a merger by absorption with Power Finance Corporation, set at an 88-for-100 share exchange and an appointed date of April 1, 2027, along with related governance updates.
