REC reports 7% rise in Q2 consolidated net profit

28 Oct 2024 Evaluate

REC has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 6.17% rise in its net profit at Rs 4,005.47 crore for the quarter ended September 30, 2024 as compared to Rs 3,772.87 crore for the same quarter in the previous year. Total income of the company increased by 17.30% at Rs 13,595.70 crore for Q2FY25 as compared to Rs 11,590.16 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 6.54% rise in net profit at Rs 4,037.72 crore for Q2FY25 as compared to Rs 3,789.90 crore for the same quarter in the previous year. Total income of the company increased by 17.30% at Rs 13,706.31 crore for Q2FY25 as compared to Rs 11,684.89 crore for the corresponding quarter previous year.


REC Share Price

506.20 15.15 (3.09%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 477.90
REC 506.20
Indian Railway Finance 142.15
Satin Creditcare 148.65
MAS Financial Serv 278.95
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