State-run REC reported a 6.5% rise in its September quarter consolidated web revenue at Rs 4,038 crore versus Rs 3,790 crore reported by it within the yr in the past interval. The whole curiosity revenue earned by the NBFC throughout the quarter stood at Rs 13,485 crore which was up 18% over Rs 11,399 crore reported within the corresponding quarter of the earlier monetary yr.
REC introduced an interim dividend of Rs 4 per fairness share for the monetary yr 2024-25. It has set the report date on November 8, 2024.
The whole income from operations within the reported quarter stood at Rs 13,682 crore versus 13,079 crore posted in Q1FY25 and Rs 11,672 crore within the yr in the past interval.
The whole bills incurred by REC within the July-September quarter stood at Rs 8,609 crore down from Rs 8,743 crore in Q1FY25 and Rs 6,847 crore in Q2FY24.
The earnings have been introduced on Saturday and the inventory had ended at Rs 513 on the NSE on Friday, down by Rs 8.30 or 1.6% over Thursday closing worth.
