REC Ltd 01 Jul 2024 12:00 AM
REC records strong operational performance for Q1 FY25,
REC has recorded loan sanctions of Rs 1,12,747 crore and loan disbursements of Rs 43 652 crore during the first quarter ended 30 June  2024 of financial year 2024-25, which translates into significant growth of 24.17% and 27.89%, respectively, over the corresponding quarter of financial year 2023-24.  Particulars Q1 FY25 Q1 FY24 % Growth   Loans sanctioned1,12,747 90,794  24.17     - Of which renewable energy sanctions39,655  24,985  58.72    Loan disbursements43,652  34,133  27.89    - Of which renewable energy disbursements5,351  1,534  248.83  Powered by Capital Market - Live News
REC Ltd 29 May 2024 12:00 AM
REC to hold board meeting,
REC will hold a meeting of the Board of Directors of the Company on 31 May 2024.Powered by Capital Market - Live News
REC Ltd 28 May 2024 12:00 AM
Board of REC to consider fund raising proposal,
The Board of REC will meet on 31 May 2024 to consider the proposal of fund raising through private placement subject to the approval of Shareholders of the Company. Powered by Capital Market - Live News
REC Ltd 30 Apr 2024 12:00 AM
REC consolidated net profit rises 33.07% in the March 2024 quarter,
Net profit of REC rose 33.07% to Rs 4079.09 crore in the quarter ended March 2024 as against Rs 3065.37 crore during the previous quarter ended March 2023. Sales rose 23.76% to Rs 12677.18 crore in the quarter ended March 2024 as against Rs 10243.06 crore during the previous quarter ended March 2023.For the full year,net profit rose 26.67% to Rs 14145.46 crore in the year ended March 2024 as against Rs 11166.98 crore during the previous year ended March 2023. Sales rose 20.33% to Rs 47504.75 crore in the year ended March 2024 as against Rs 39478.26 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales12677.1810243.06 24 47504.7539478.26 20 OPM %103.35101.46 -100.7695.28 - PBDT5235.503907.51 34 17983.9313921.93 29 PBT5229.483901.23 34 17959.9413897.67 29 NP4079.093065.37 33 14145.4611166.98 27 Powered by Capital Market - Live News
REC Ltd 30 Apr 2024 12:00 AM
Board of REC recommends Final Dividend,
REC announced that the Board of Directors of the Company at its meeting held on 30 April 2024, has recommended a Final dividend of Rs.5 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live News
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