Rural Electrification Corporation has reported results for second quarter ended September 30, 2013.
The company has reported 16.43% rise in its net profit after tax at Rs 1110.67 crore for the quarter ended September 30, 2013 as compared to Rs 953.9 crore for the same quarter in the previous year. Total income of the company has increased by 27.48% at Rs 4224.25 crore for quarter under review as compared to Rs 3313.71 crore for the quarter ended September 30, 2012.
Rural Electrification Corporation is engaged in providing financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects as are sponsored by them.
