{"id":146516,"date":"2023-05-17T08:33:02","date_gmt":"2023-05-17T12:33:02","guid":{"rendered":"https:\/\/44.250.171.167\/?p=146516"},"modified":"2023-05-17T08:33:03","modified_gmt":"2023-05-17T12:33:03","slug":"rec-ltd-q4fy23-results-out-revenue-grows-by-6","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rec-ltd-q4fy23-results-out-revenue-grows-by-6\/","title":{"rendered":"REC Ltd Q4FY23 results out, revenue grows by 6%"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<ul class=\"wp-block-list\" id=\"block-68223ee3-d874-416e-a22f-dae2f6b88818\"><li>REC Ltd reported Total revenue for Q4 FY23 of \u20b910,113 Crore, up from \u20b99,580 Crore year on year depicting a growth of 6%.<\/li><li>Total Expenses for Q4 FY23 of \u20b96,313 Crore down, from \u20b96,768 Crore year on year, a decline of 7%.\u00a0<\/li><li>Consolidated Net Profit of \u20b93,001 Crore, up 31% from \u20b92,288 Crore in the same quarter of the previous year.\u00a0<\/li><li>The Earnings per Share is \u20b911.27, up 32% from \u20b98.56 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-8-2-1024x512.png\" alt=\"\" class=\"wp-image-146517\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-8-2-1024x512.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-8-2-300x150.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-8-2-768x384.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-8-2-1536x768.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-8-2-2048x1024.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b910,113 Crore, up from \u20b99,580 Crore year on year depicting a growth of 6%. Total Expenses for Q4 FY23 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":125269,"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":[392,5746],"tags":[12039,12002,10224],"class_list":["post-146516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-energy-stocks","tag-power-distibution","tag-power-generation","tag-psu"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147055,"url":"https:\/\/alphastreet.com\/india\/sjvn-ltd-q4fy23-results-out-revenue-grows-by-56\/","url_meta":{"origin":146516,"position":0},"title":"SJVN Ltd Q4FY23 results out, revenue grows by 56%","author":"Chirag Gupta","date":"May 23, 2023","format":false,"excerpt":"SJVN is engaged in the business of Electricity generation. The company is also engaged in the business of providing consultancy for hydro-power projects. Presently, the company has 6 operation electricity projects across India with a total capacity of ~2017 MW. SJVN Ltd reported Total revenue for Q4 FY23 of \u20b9504\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\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":147873,"url":"https:\/\/alphastreet.com\/india\/torrent-power-ltd-q4fy23-results-out-revenue-grows-by-61\/","url_meta":{"origin":146516,"position":1},"title":"Torrent Power Ltd Q4FY23 results out, revenue grows by 61%","author":"Chirag Gupta","date":"May 31, 2023","format":false,"excerpt":"Torrent Power Ltd is a leading integrated power utility company in India with presence across generation, transmission and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka. It is a part of Torrent Group which has presence across pharmaceutical, power and city\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\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":147783,"url":"https:\/\/alphastreet.com\/india\/rites-ltd-q4fy23-results-out-revenue-drops-by-10\/","url_meta":{"origin":146516,"position":2},"title":"Rites Ltd Q4FY23 results out, revenue drops by 10%","author":"Chirag Gupta","date":"May 31, 2023","format":false,"excerpt":"Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).\u00a0\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\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/11a28025-993f-4f83-94e0-6ccfd925ae9a-4-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144957,"url":"https:\/\/alphastreet.com\/india\/reliance-power-ltd-q4fy23-results-out-revenue-soars-by\/","url_meta":{"origin":146516,"position":3},"title":"Reliance Power Ltd Q4FY23 results out, revenue soars by 6%","author":"Chirag Gupta","date":"May 4, 2023","format":false,"excerpt":"Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development.\u00a0 Reliance Power reported Total revenue\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\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":144196,"url":"https:\/\/alphastreet.com\/india\/voltas-ltd-q4-fy23-results-out-revenue-rises-by-11-percent\/","url_meta":{"origin":146516,"position":4},"title":"Voltas Ltd Q4 FY23 results out; Revenue rises by 11 percent","author":"Chirag Gupta","date":"April 26, 2023","format":false,"excerpt":"Voltas Limited reported Total revenue for Q4 FY23 of \u20b92,957 Crore up from \u20b92.667 Crore year on year, a growth of 11%. The consolidated Net Profit of \u20b9143 Crore, down 22% from \u20b9183 Crore in the same quarter of the previous year. The Earnings per Share is \u20b94.35 for this\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\/04\/9a6debce-f061-4cc1-851c-17fdb0967b2f.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/9a6debce-f061-4cc1-851c-17fdb0967b2f.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/9a6debce-f061-4cc1-851c-17fdb0967b2f.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/9a6debce-f061-4cc1-851c-17fdb0967b2f.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/9a6debce-f061-4cc1-851c-17fdb0967b2f.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/9a6debce-f061-4cc1-851c-17fdb0967b2f.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146579,"url":"https:\/\/alphastreet.com\/india\/paisalo-digital-ltd-q4fy23-results-out-revenue-drops-by\/","url_meta":{"origin":146516,"position":5},"title":"Paisalo Digital Ltd Q4FY23 results out, revenue grows by 18%","author":"Chirag Gupta","date":"May 18, 2023","format":false,"excerpt":"Paisalo Digital Ltd was incorporated in 1992. It is a Non-Deposit Taking Non-Banking Financial Company registered office of the company is in Delhi and the head office is in Agra. The company provides a number of financial products like Business Loans, SME & MSME Loans, Income Generation Loans for business\/self\u2013employment\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\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.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\/146516","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\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=146516"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/146516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125269"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=146516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=146516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=146516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}