{"id":551287,"date":"2023-01-31T11:32:29","date_gmt":"2023-01-31T06:02:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551287"},"modified":"2023-01-31T11:32:29","modified_gmt":"2023-01-31T06:02:29","slug":"rec-q3-results-profit-rises-5-on-lower-expenses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-q3-results-profit-rises-5-on-lower-expenses\/","title":{"rendered":"REC Q3 Results: Profit rises 5% on lower expenses"},"content":{"rendered":"<p>India&#8217;s state-owned infrastructure finance company NSE 4.11 % REC on Monday reported a 5.1% rise in third-quarter profit, as it cut down its total expenses.<\/p>\n<p>The New Delhi-based non-banking financial company&#8217;s profit rose to Rs 2,915 crore ($357.71 million) in the three months ended December 31, from Rs 2,773 crore a year earlier, it said in a statement. Total revenue from operations fell 2.5% to Rs 9,782 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s state-owned infrastructure finance company NSE 4.11 % REC on Monday reported a 5.1% rise in third-quarter profit, as it cut down its total expenses. The New Delhi-based non-banking financial company&#8217;s profit rose to Rs 2,915 crore ($357.71 million) in the three months ended December 31, from Rs 2,773 crore a year earlier, it said in a statement. Total revenue from operations fell 2.5% to Rs 9,782 crore.<\/p>\n","protected":false},"author":39,"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-551287","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\/551287","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551287"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551287\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}