Strong disbursement growth, higher interest income, and robust asset quality fuel REC’s 12 per cent annual profit rise REC, the Maharatna public sector enterprise under the Ministry of Power, has ...
REC Q4 Results: For the entire FY24, the company's net profit was Rs 14,145.46 crore, up from Rs 11,166.98 crore in FY23. REC Ltd, under the Ministry of Power, is a non-banking finance company ...
Owing to growth in all the verticals, resetting of interest rates on loan assets and effective management of Finance Cost, REC is able to maintain its spreads and NIMs resulting in robust profit after ...
https://www.thehindubusinessline.com/companies/rec-posts-net-profit-of-4466-cr-in-q1-fy25/article69851147.ece Copy State-run REC on Thursday reported a healthy 29 per ...
https://www.thehindubusinessline.com/companies/rec-reports-net-profit-of-3460-crore-in-q1-fy25/article68454215.ece Copy State-run REC on Saturday reported a 17 per ...
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