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 Q3FY24 of ₹12,052.00 Crores up from ₹9,782.00 Crore year on year, a rise of 23.21%.
Total Expenses for Q3FY24 of ₹7,900.00 Crores up from ₹6,185.00 Crores year on year, a rise of 27.73%.
Consolidated Net Profit of ₹3,308.00 Crores up 13.48% from ₹2,915.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹12.56, up 13.46% from ₹11.07 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.