REC net profit rises 9% to Rs 4,414.93 crore in Q2

State-owned REC Ltd on Friday posted an over 9 per cent year-on-year increase in net profit to Rs 4,414.93 crore in September quarter, on higher income.

           It had clocked a net profit of Rs 4,037.72 crore in the second quarter of preceding 2024-25 financial year, REC Ltd said in an exchange filing.

           In the latest July-September period, the company registered a 10.62 per cent rise in total revenues to Rs 15,162.38 crore from Rs 13,706.31 crore in the year-ago period.

           Interest income rose to Rs 14,589.97 crore from Rs 13,484.82 crore in Q2 FY25.

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