{"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

The Ministry of Power’s Central Public Sector Undertaking, or REC<\/a>, finances projects along the whole value chain of the power sector, from generation to distribution.<\/p>\n\n\n\n

Financial Results:<\/strong><\/h2>\n\n\n\n

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 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

The corporation, which primarily lends to state energy boards, public utilities, and all areas of the private sector’s power infrastructure, said that interest income on loan and advances increased by over 1%.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ministry of Power’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 […]<\/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 "AlphaGraphs"","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 "AlphaGraphs"","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":143018,"url":"https:\/\/alphastreet.com\/india\/shriram-finance-limited-q3fy23-earnings\/","url_meta":{"origin":142856,"position":2},"title":"Shriram Finance Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 28, 2023","format":false,"excerpt":"A key player in the financial industry, the conglomerate SHRIRAM Group includes Shriram Transport Financing Company Ltd. With its commercial vehicle finance operations, STFC primarily focuses on trucks, both new and used. Shriram is a leader in the NBFC sector and has a significant rural reach. One of the top\u2026","rel":"","context":"In "Earnings"","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-1331339397.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1331339397.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1331339397.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 "AlphaGraphs"","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 "AlphaGraphs"","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":142208,"url":"https:\/\/alphastreet.com\/india\/power-finance-corp-limited-q3fy23-earnings\/","url_meta":{"origin":142856,"position":5},"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 "Earnings"","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":[]}],"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}]}}