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 Q2FY24 of ₹11,688.00 Crores up from ₹9,956.00 Crore year on year, a rise of 17.4%.
Total Expenses for Q2FY24 of ₹6,864.00 Crores up from ₹6,528.00 Crores year on year, a rise of 5.15%.
Consolidated Net Profit of ₹3,790.00 Crores up 38.73% from ₹2,732.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹14.39, up 38.63% from ₹10.38 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.