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REC - Quaterly Results

17 May 2023 Evaluate
The March 2023 quarter revenue stood at Rs. 101132.70 millions, up 5.57% as compared to Rs. 95801.00 millions during the corresponding quarter last year.A comparatively good net profit growth of 31.17% to Rs. 30009.10 millions was reported for the quarter ended March 2023 compared to Rs. 22878.80 millions of previous same quarter.Operating profit for the quarter ended March 2023 rose to 103148.10 millions as compared to 81916.30 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 101132.70 95801.00 5.57 392080.60 391324.90 0.19 392080.60 391324.90 0.19
Other Income 106.90 214.70 -50.21 446.70 979.60 -54.40 446.70 979.60 -54.40
PBIDT 103148.10 81916.30 25.92 375005.20 344957.70 8.71 375005.20 344957.70 8.71
Interest 64973.40 53530.80 21.38 237376.60 220529.10 7.64 237376.60 220529.10 7.64
PBDT 38174.70 28385.50 34.49 137628.60 124428.60 10.61 137628.60 124428.60 10.61
Depreciation 62.50 54.30 15.10 240.90 179.60 34.13 240.90 179.60 34.13
PBT 38112.20 28331.20 34.52 137387.70 124249.00 10.57 137387.70 124249.00 10.57
TAX 8103.10 5452.40 48.62 26841.30 23789.80 12.83 26841.30 23789.80 12.83
Deferred Tax 937.70 -1242.90 -175.44 1628.40 -6683.90 -124.36 1628.40 -6683.90 -124.36
PAT 30009.10 22878.80 31.17 110546.40 100459.20 10.04 110546.40 100459.20 10.04
Equity 26332.20 19749.20 33.33 26332.20 19749.20 33.33 26332.20 19749.20 33.33
PBIDTM(%) 101.99 85.51 19.28 95.64 88.15 8.50 95.64 88.15 8.50
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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