Delhi, February 06, 2025: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the period ended December 31, 2024. Operational and Financial Highlights: Q3 FY25 vs Q3 FY24 (Standalone) – Net Profit: ₹4,029 crore Vs ₹3,269 crore, up by 23% – Net interest income: ₹4,930 crore...
Tag: effective management
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REC Reports Record Half-Yearly Profit of ₹74.48 Billion
Power projects financier REC reported an 11 per cent growth in profitability for the first half of FY2025, with net profit rising to ₹74.48 billion from ₹67.34 billion in the previous fiscal year. REC’s operational revenue appreciated by 18 per cent to ₹265.94 billion compared to ₹225.52 billion in the same period last year. Growth...