Strong disbursement growth, higher interest income, and robust asset quality fuel REC’s 12 per cent annual profit rise REC, the Maharatna public sector enterprise under the Ministry of Power, has ...

REC Ltd reports 22% drop in Q4 profit due to lower interest income, while FY26 profit reaches record high on strong lending growth.

Shares of Rural Electrification Corporation (REC) slipped over 4% after reporting a 22% YoY fall in Q4 net profit to Rs 3,375 crore. Despite weak disbursements and modest loan growth, brokerage ...

The shares of Rural Electrification Corporation (REC) were trading in the green on July 25, even after the Maharatna Public Sector Undertaking (PSU) reported a 29 percent jump in its net profit in the ...

REC Q4 Results: For the entire FY24, the company's net profit was Rs 14,145.46 crore, up from Rs 11,166.98 crore in FY23. REC Ltd, under the Ministry of Power, is a non-banking finance company ...