REC Q2 results: Net profit grows 7% to Rs 4,037 cr on higher income

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State-owned REC Ltd on Saturday posted around 7 per cent rise in its consolidated net profit to Rs 4,037.72 crore for the September 2024 quarter, mainly on the back of higher income.

Its consolidated net profit stood at Rs 3,789.90 crore in the quarter ended September 2023, a BSE filing showed.

The total income rose to Rs 13,706.31 crore in the quarter under review from Rs 11,684.89 crore a year ago.

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Category: BusinessFinance

Markets: India

Topics: REC Q2 revenue REC Q2 result REC REC Q2 results REC Q2 profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-10-26 @ 17:54:06 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Business Standard

News ID: 23250772

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