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REC’s Q2 Revenue Up by 17% to ₹136 Billion, Loan Approvals Fall 27% YoY

The company's net profit for the quarter rose 6% YoY to ₹40.05 billion

October 28, 2024

/ Arjun Joshi
/ Finance and M&A, Other
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Public infrastructure finance company REC Limited recorded a total income of ₹135.95 billion (~$1.62 billion) for the second quarter (Q2) of the financial year (FY) 2024-25, a 17% year-over-year (YoY) increase.

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Arjun Joshi

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