In Short : REC Ltd posted a 29% jump in Q1 net profit to ₹4,451 crore, supported by a 36% rise in disbursements to ₹59,508 crore. Total income stood at ₹12,101 crore. The strong performance reflects REC’s expanding role in financing India’s power and infrastructure sectors, with increasing emphasis on clean energy and sustainable development […]
REC Reports 23% Surge In Net Profit, Declares Rs 4.30 Per Share Interim Dividend – EQ
In Short : REC Ltd. reported a 23% rise in net profit, driven by strong loan growth and improved asset quality. The company declared an interim dividend of ₹4.30 per share, reflecting its robust financial performance. REC continues to support India’s energy sector with increased financing for renewable and infrastructure projects. In Detail : For […]