{"id":142856,"date":"2023-02-27T06:03:59","date_gmt":"2023-02-27T11:03:59","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142856"},"modified":"2023-02-27T06:04:00","modified_gmt":"2023-02-27T11:04:00","slug":"rec-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rec-limited-q3fy23-earnings-story\/","title":{"rendered":"REC Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n<p>The Ministry of Power&#8217;s Central Public Sector Undertaking, or <a href=\"https:\/\/44.250.171.167\/symbol\/recltd\/\" target=\"_blank\" rel=\"noreferrer noopener\">REC<\/a>, finances projects along the whole value chain of the power sector, from generation to distribution.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>REC Limited\u2019s revenue in Q3FY23 fell 2% to \u20b9 9,782 crores. Consolidated Profit After Tax came at \u20b9 2,915 crores showcasing a 5% rise YoY over the corresponding period. In this quarter\u2019s <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/860a5ea1-0c45-42c9-abdc-7c0f014b43da.pdf\" target=\"_blank\" rel=\"noopener\">results<\/a>, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n\n\n\n<p>The corporation, which primarily lends to state energy boards, public utilities, and all areas of the private sector&#8217;s power infrastructure, said that interest income on loan and advances increased by over 1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Power&#8217;s Central Public Sector Undertaking, or REC, finances projects along the whole value chain of the power sector, from generation to distribution. Financial Results: REC Limited\u2019s revenue in Q3FY23 fell 2% to \u20b9 9,782 crores. Consolidated Profit After Tax came at \u20b9 2,915 crores showcasing a 5% rise YoY over the corresponding [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":139395,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1,6352],"tags":[11662],"class_list":["post-142856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","category-research-summary","tag-power-finance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139511,"url":"https:\/\/alphastreet.com\/india\/rec-limited-q3fy23-5-growth-in-profits\/","url_meta":{"origin":142856,"position":0},"title":"REC Limited Q3FY23; 5% Growth in Profits","author":"Karan_Singh","date":"January 30, 2023","format":false,"excerpt":"REC Limited\u2019s revenue in Q3FY23 fell 2% to \u20b9 9,782 crores. Consolidated Profit After Tax came at \u20b9 2,915 crores showcasing a 5% rise YoY over the corresponding period. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-RECLTD.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-RECLTD.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-RECLTD.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-RECLTD.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-RECLTD.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":150182,"url":"https:\/\/alphastreet.com\/india\/rec-ltd-q1fy24-21-rise-in-profits\/","url_meta":{"origin":142856,"position":1},"title":"REC Ltd Q1FY24; 21% rise in Profits","author":"Karan_Singh","date":"July 27, 2023","format":false,"excerpt":"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 \u20b911,088.00 Crores up from \u20b99,497.00 Crore year on year, a rise of 16.75%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-302.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-302.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-302.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-302.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-302.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-302.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142208,"url":"https:\/\/alphastreet.com\/india\/power-finance-corp-limited-q3fy23-earnings\/","url_meta":{"origin":142856,"position":2},"title":"Power Finance Corp Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 17, 2023","format":false,"excerpt":"Power Finance Corporation Ltd is an Infrastructure Financing Company registered with the RBI and a Systemically Important Non-Deposit Taking NBFC. It works to provide financial support to the Indian Energy Industry. Financial Results: Power Finance Corporation Limited\u2019s revenue in Q3FY23 rose 2% to \u20b9 19,639 crores. Consolidated Profit After Tax\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1311224404.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1311224404.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1311224404.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":168313,"url":"https:\/\/alphastreet.com\/india\/rec-ltd-q4fy25-6-rise-in-profits\/","url_meta":{"origin":142856,"position":3},"title":"REC Ltd Q4FY25; 6% rise in Profits","author":"Chirag Gupta","date":"May 9, 2025","format":false,"excerpt":"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 Q4FY25 of \u20b915,334.00 Crores up from \u20b912,677.00 Crore year on year, a rise of 20.96%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/05\/2-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167345,"url":"https:\/\/alphastreet.com\/india\/rec-ltd-q3fy25-23-rise-in-profits\/","url_meta":{"origin":142856,"position":4},"title":"REC Ltd Q3FY25; 23% rise in Profits","author":"Chirag Gupta","date":"March 12, 2025","format":false,"excerpt":"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 Q3FY25 of \u20b914,272.00 Crores up from \u20b912,052.00 Crore year on year, a rise of 18.42%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-7.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-7.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-7.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-7.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-7.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-7.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141345,"url":"https:\/\/alphastreet.com\/india\/power-finance-corp-q3fy23-7-growth-in-profits\/","url_meta":{"origin":142856,"position":5},"title":"Power Finance Corp. Q3FY23; 7% Growth in Profits","author":"Karan_Singh","date":"February 13, 2023","format":false,"excerpt":"Power Finance Corporation Limited\u2019s revenue in Q3FY23 rose 2% to \u20b9 19,639 crores. Consolidated Profit After Tax came at \u20b9 5,241 crores in Q3FY23 showcasing a 7% rise on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PFC.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PFC.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PFC.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PFC.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PFC.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142856"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/139395"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}