{"id":358063,"date":"2020-06-18T11:28:18","date_gmt":"2020-06-18T05:58:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358063"},"modified":"2020-06-18T12:10:34","modified_gmt":"2020-06-18T06:40:34","slug":"rec-q4-results-net-profit-drops-62-to-rs-474-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-q4-results-net-profit-drops-62-to-rs-474-crore\/","title":{"rendered":"REC Q4 results: Net profit drops 62% to Rs 474 crore"},"content":{"rendered":"<p>NEW DELHI: State-run non-banking lender RECNSE -0.47 % on Wednesday posted a 62 per cent drop in its consolidated net profit to Rs 474 crore in the January-March quarter.<\/p>\n<p>Its net profit was Rs 1,252.66 crore in the corresponding quarter a year ago, a BSE filing said.<\/p>\n<p>Total income in the quarter under review rose to Rs 7,903.56 crore from Rs 6,663.83 crore a year earlier.<br \/>\nCompany Summary <\/p>\n<p>NSEBSE <\/p>\n<p>REC Ltd.-0.35 (-0.33%)<\/p>\n<p>For the entire fiscal (2019-20), its consolidated net profit stood at Rs 4,972.27 crore, compared with Rs 5,741.38 crore in 2018-19.<\/p>\n<p>Total income for the fiscal was Rs 30,007.05 crore as against Rs 25,431.33 crore in 2018-19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run non-banking lender RECNSE -0.47 % on Wednesday posted a 62 per cent drop in its consolidated net profit to Rs 474 crore in the January-March quarter. Its net profit was Rs 1,252.66 crore in the corresponding quarter a year ago, a BSE filing said. Total income in the quarter under review rose to Rs 7,903.56 crore from Rs 6,663.83 crore a year earlier. Company Summary NSEBSE REC Ltd.-0.35 (-0.33%) For the entire fiscal (2019-20), its consolidated net profit stood at Rs 4,972.27 crore, compared with Rs 5,741.38 crore in 2018-19. Total income for the fiscal was Rs [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-358063","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358063"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358063\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}