REC has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 38.28% rise in its net profit at Rs 3772.87 crore for Q2FY24 as compared to Rs 2728.38 crore for the same quarter in the previous year. Total income of the company increased by 16.50% at Rs 11590.16 crore for Q2FY24 as compared Rs 9948.55 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 38.72% rise in its net profit at Rs 3789.90 crore for the quarter under review as compared to Rs 2732.12 crore for the same quarter in the previous year. Total income of the company increased by 17.44% at Rs 11701.26 crore for Q2FY24 as compared Rs 9964.00 crore for the corresponding quarter previous year.