REC is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution.
Financial Results:
REC Ltd reported Revenues for Q1FY24 of ₹11,088.00 Crores up from ₹9,497.00 Crore year on year, a rise of 16.75%.
Total Expenses for Q1FY24 of ₹7,371.00 Crores up from ₹6,557.00 Crores year on year, a rise of 12.41%.
Consolidated Net Profit of ₹2,968.00 Crores up 20.95% from ₹2,454.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹11.27, up 20.92% from ₹9.32 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.