#REC: FY24 witnesses highest-ever loan disbursement of Rs 1.6 lakh crore, up 67% year-on-year.
Market News ( Union Budget ) ( RBI Policy ) ( Market Quarterly Results )
REC reports #Q4 earnings ➡️Net Profit up 34% At ₹4,016.3 Cr Vs ₹3,00.9 Cr (YoY) ➡️ NII up 25% At ₹4,273 Vs ₹3,407 Cr (YoY) ➡️REC profit aided by impairment amount of ₹712 Cr ➡️Credit w.r.t impairment at ₹712 cr vs expense of ₹56 cr QoQ ➡️Gross NPA at…
#REC's board recommends final dividend of Rs 5/share
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#REC approves raising up to Rs 1.45 lakh crore via bonds.
#REC plans to raise up to Rs 5,000 crore via deep discounted bond.
#REC issues deep discounted bond at 6.2483%.
#AdaniEnergy gets letter of intent from #REC for 20 GW power evacuation project in Rajasthan.
#Q3BusinessUpdate | #REC
- Loan Disbursed Up 18% At ₹54,692 Cr Vs ₹46,358 Cr (YoY)
- Renewable Energy Loan Disbursed Up 58.1% At ₹6,314 Cr Vs ₹3,994 Cr (YoY)
- Loan Disbursed Up 18% At ₹54,692 Cr Vs ₹46,358 Cr (YoY)
- Renewable Energy Loan Disbursed Up 58.1% At ₹6,314 Cr Vs ₹3,994 Cr (YoY)
#REC reports #Q3Results 👇
Net profit up 23.2% at ₹4,029 cr vs ₹3,269 cr (YoY)
NII up 17% at ₹4,855 cr vs ₹4,159 cr (YoY)
NII at ₹4,855 cr vs estimates of ₹5,070 cr
Loan growth at 13.5% YoY vs FY25 guidance of 15-17%
Net profit up 23.2% at ₹4,029 cr vs ₹3,269 cr (YoY)
NII up 17% at ₹4,855 cr vs ₹4,159 cr (YoY)
NII at ₹4,855 cr vs estimates of ₹5,070 cr
Loan growth at 13.5% YoY vs FY25 guidance of 15-17%
#REC reports #Q2Results👇
👉Net Profit up 9.3% at ₹4,415 cr vs ₹4,038 cr (YoY)
👉NII up 16.3% at ₹6,022 cr vs ₹5,176.8 cr (YoY)
👉Net Profit up 9.3% at ₹4,415 cr vs ₹4,038 cr (YoY)
👉NII up 16.3% at ₹6,022 cr vs ₹5,176.8 cr (YoY)
#StarHealth jumps nearly 12%; #BandhanBank And #EmmveePhotovoltaic rise up to 7%, while #REC falls over 1% post #Q4 results
#REC reports its Q1 results;
Net Profit Down 6% At ₹4,192.7 Cr Vs ₹4,465 Cr (YoY)
NII Down 4% At ₹5,453 Cr Vs ₹5,657 Cr (YoY)
Net Profit Down 6% At ₹4,192.7 Cr Vs ₹4,465 Cr (YoY)
NII Down 4% At ₹5,453 Cr Vs ₹5,657 Cr (YoY)