REC has reported results for third quarter ended December 31, 2019.
The company has reported a rise of 28.86% in its net profit at Rs 1,642.35 crore for the quarter under review as compared to Rs 1,274.55 crore for the same quarter in the previous year. Total income of the company increased by 38.83% at Rs 7,652.99 crore for Q3FY20 as compared Rs 5,512.37 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 29.81% in its net profit at Rs 1,666.81 crore for the quarter under review as compared to Rs 1,284.00 crore for the same quarter in the previous year. Total income of the company increased by 39.34% at Rs 7,716.72 crore for Q3FY20 as compared Rs 5,537.94 crore for the corresponding quarter previous year.
