REC has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 20.98% rise in its net profit at Rs 2960.73 crore for the quarter under review as compared to Rs 2447.26 crore for the same quarter in the previous year. Total income of the company increased by 15.80% at Rs 10964.26 crore for Q1FY24 as compared Rs 9468.51 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.94% rise in net profit at Rs 2968.05 crore for the quarter ended June 30, 2023 as compared to Rs 2454.16 crore for the same quarter in the previous year. Total income of the company increased by 16.68% at Rs 11091.77 crore for Q1FY24 as compared Rs 9506.06 crore for the corresponding quarter previous year.
