REC’s Q4 Net Profit Up by 33% to ₹41 Billion, Loan Approvals for Renewables Surge

The company’s net profit for FY 2024 surged by 27% YoY to ₹141.45 billion

May 2, 2024

/ Arjun Joshi
/ Finance and M&A, Other
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Public infrastructure finance company REC Limited recorded a total income of ₹127.07 billion (~$1.52 billion) for the fourth quarter (Q4) of the financial year (FY) 2023-24, a 24% year-over-year (YoY) increase.

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Arjun Joshi

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