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REC net up 37 pc at Rs 1,468.7 cr in April-June quarter

The total income of the company was Rs 6,319 crore in the first quarter, up from Rs 5,628 crore year ago. State-run Rural Electrification Corporation (REC) posted about 37 percent jump in its net profit at Rs 1,468.70 crore for the April-June quarter compared to the year ago period on higher revenues and lower impairments. […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ