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REC - Quaterly Results

30 Apr 2024 Evaluate
The revenue zoomed 24.72% to Rs. 126131.40 millions for the quarter ended March 2024 as compared to Rs. 101132.70 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended March 2024 rise to 33.84% to Rs. 40163.00  millions  compared to R. 30009.10 millions in corresponding previous quarter.Operating Profit saw a handsome growth to 130498.00 millions from 103148.10 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 126131.40 101132.70 24.72 471463.00 392080.60 20.25 471463.00 392080.60 20.25
Other Income 301.70 106.90 182.23 678.50 446.70 51.89 678.50 446.70 51.89
PBIDT 130498.00 103148.10 26.52 477536.30 375005.20 27.34 477536.30 375005.20 27.34
Interest 78960.50 64973.40 21.53 299492.70 237376.60 26.17 299492.70 237376.60 26.17
PBDT 51537.50 38174.70 35.00 178043.60 137628.60 29.37 178043.60 137628.60 29.37
Depreciation 59.80 62.50 -4.32 237.20 240.90 -1.54 237.20 240.90 -1.54
PBT 51477.70 38112.20 35.07 177806.40 137387.70 29.42 177806.40 137387.70 29.42
TAX 11314.70 8103.10 39.63 37614.30 26841.30 40.14 37614.30 26841.30 40.14
Deferred Tax 2412.30 937.70 157.26 4663.40 1628.40 186.38 4663.40 1628.40 186.38
PAT 40163.00 30009.10 33.84 140192.10 110546.40 26.82 140192.10 110546.40 26.82
Equity 26332.20 26332.20 0.00 26332.20 26332.20 0.00 26332.20 26332.20 0.00
PBIDTM(%) 103.46 101.99 1.44 101.29 95.64 5.90 101.29 95.64 5.90
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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