REC Q2 results: Net profit up 2% to Rs 2,692 cr
New Delhi: State-owned REC NSE -0.93 % Ltd on Friday posted a nearly 23 per cent jump in net profit to Rs 2,692.27 crore for the September quarter, mainly on the back of higher revenues.
The power sector NBFC had clocked a net profit of Rs 2,197.14 crore in the quarter ended September 30, 2020, it said in a BSE filing.
Total income rose to Rs 10,056.53 crore in the quarter as against Rs 8,822.10 crore in the year-ago period.
