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.
- REC Ltd reported Total revenue for Q4 FY23 of ₹10,113 Crore, up from ₹9,580 Crore year on year depicting a growth of 6%.
- Total Expenses for Q4 FY23 of ₹6,313 Crore down, from ₹6,768 Crore year on year, a decline of 7%.
- Consolidated Net Profit of ₹3,001 Crore, up 31% from ₹2,288 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹11.27, up 32% from ₹8.56 in the same quarter of the previous year.