REC Limited Records Highest-Ever 9M Profit of ₹100 Billion in FY24

The company’s net profit during Q3 FY24 rose 14% to ₹32.69 billion

January 23, 2024

/ Satish Shetty
/ Finance and M&A, Renewable Energy
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Public infrastructure finance company REC Limited recorded a revenue of ₹120 billion (~$1.44 billion) for the third quarter (Q3) of the financial year (FY) 2023-24, a 23.56% year-over-year (YoY) increase from ₹97.12 billion (~$1.17 billion).

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Satish Shetty

More articles from Satish Shetty.
Loan Portfolionet profitPublic Infrastructure Financequarterly resultsREC LimitedRenewable Energy
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