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REC Ltd Q4FY23 results out, revenue grows by 6%

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.
Categories: Earnings Energy
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