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REC - Quaterly Results

26 Jul 2023 Evaluate
The company witnessed a 15.85% growth in the revenue at Rs. 109592.00 millions for the quarter ended June 2023 as compared to Rs. 94599.00 millions during the year-ago period.Net profit stood at Rs. 29607.30  millions  compared to Rs. 24472.60 millions in the corresponding previous quarter,high by 20.98%.The company reported a good operating profit of 107675.70 millions compared to 83221.30 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 109592.00 94599.00 15.85 109592.00 94599.00 15.85 392080.60 391324.90 0.19
Other Income 50.60 86.10 -41.23 50.60 86.10 -41.23 446.70 979.60 -54.40
PBIDT 107675.70 83221.30 29.38 107675.70 83221.30 29.38 375005.20 344957.70 8.71
Interest 70498.40 53766.90 31.12 70498.40 53766.90 31.12 237376.60 220529.10 7.64
PBDT 37177.30 29454.40 26.22 37177.30 29454.40 26.22 137628.60 124428.60 10.61
Depreciation 57.80 58.90 -1.87 57.80 58.90 -1.87 240.90 179.60 34.13
PBT 37119.50 29395.50 26.28 37119.50 29395.50 26.28 137387.70 124249.00 10.57
TAX 7512.20 4922.90 52.60 7512.20 4922.90 52.60 26841.30 23789.80 12.83
Deferred Tax -389.40 -819.00 -52.45 -389.40 -819.00 -52.45 1628.40 -6683.90 -124.36
PAT 29607.30 24472.60 20.98 29607.30 24472.60 20.98 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(%) 98.25 87.97 11.68 98.25 87.97 11.68 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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