REC’s March quarter net profit increased manifold to Rs 2,077.84 crore – rec’s march quarter net profit increased manifold to rs 207784 crore

REC’s March quarter net profit increased manifold to Rs 2,077.84 crore – rec’s march quarter net profit increased manifold to rs 207784 crore

New Delhi, May 28 (Language) The consolidated net profit of public sector company REC increased manifold to Rs 2,077.84 crore for the quarter ended March 31, 2021. With the increase in revenue, the profit of the company has also increased.

The company had earned a consolidated net profit of Rs 473.99 crore in the same quarter of the previous financial year.

In a communication to the BSE, the company said its net income rose to Rs 9,215.76 crore in the January-March quarter, from Rs 7,785.59 crore in the year-ago period.

The company’s consolidated net profit for the full financial year 2020-21 stood at Rs 8,378.24 crore as against Rs 4,972.27 crore in the previous financial year 2019-20.

During the entire financial year, the total income of REC stood at Rs 35,575.40 crore, compared to Rs 29,981.20 crore in the previous financial year.

#RECs #March #quarter #net #profit #increased #manifold #crore #recs #march #quarter #net #profit #increased #manifold #crore

READ  Sensex rises 296 points, Nifty rises above 14,900 points due to buying in medicine, energy stocks - sensex rises 296 points above nifty above 14900 mark due to buying in pharmaceutical energy stocks

Leave a Comment

close