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REC - Quaterly Results

04 Feb 2022 Evaluate
The revenue for the December 2021 quarter is pegged at Rs. 100068.90 millions, about 10.67% up against Rs. 90421.30 millions recorded during the year-ago period.A humble growth in net profit of 22.52% reported in the quarter ended December 2021 to Rs. 27726.50  millions from Rs. 22629.30 millions.Operating profit for the quarter ended December 2021 rose to 90054.90 millions as compared to 82582.60 millions of corresponding quarter ended December 2020.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 100068.90 90421.30 10.67 296333.80 262422.80 12.92 353878.90 297652.10 18.89
Other Income 320.50 48.90 555.42 764.90 183.20 317.52 225.50 639.20 -64.72
PBIDT 90054.90 82582.60 9.05 263041.40 241181.80 9.06 322547.40 259903.40 24.10
Interest 55487.20 54459.70 1.89 166998.30 160509.50 4.04 214890.80 189970.50 13.12
PBDT 34567.70 28122.90 22.92 96043.10 80672.30 19.05 107656.60 69932.90 53.94
Depreciation 50.70 22.40 126.34 125.30 68.80 82.12 95.30 100.00 -4.70
PBT 34517.00 28100.50 22.83 95917.80 80603.50 19.00 107561.30 69832.90 54.03
TAX 6790.50 5471.20 24.11 18337.40 17682.10 3.71 23943.50 20971.30 14.17
Deferred Tax -1054.20 -1354.10 -22.15 -5441.00 -4267.30 27.50 -5125.50 4812.60 -206.50
PAT 27726.50 22629.30 22.52 77580.40 62921.40 23.30 83617.80 48861.60 71.13
Equity 19749.20 19749.20 0.00 19749.20 19749.20 0.00 19749.20 19749.20 0.00
PBIDTM(%) 89.99 91.33 -1.47 88.77 91.91 -3.42 91.15 87.32 4.38
Peers
Company Name CMP
Power Finance Corpn. 344.40
REC 308.00
NHIT 171.00
Satin Creditcare Net 214.80
IFCI 76.96
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