REC has reported results for second quarter ended September 30, 2022.
The company has reported a fall of 0.38% in its net profit at Rs 2728.38 crore for the quarter under review as compared to Rs 2738.79 crore for the same quarter in the previous year. Total income of the company decreased by 1.29% at Rs 9948.55 crore for Q2FY23 as compared Rs 10078.82 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 1.48% in its net profit at Rs 2732.12 crore for the quarter under review as compared to Rs 2692.27 crore for the same quarter in the previous year. However, total income of the company decreased by 0.92% at Rs 9964.00 crore for Q2FY23 as compared Rs 10056.53 crore for the corresponding quarter previous year.
