REC announced that the Board of Directors of the Company at its meeting held on 27 July 2024, inter alia, have recommended the interim dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of REC rose 16.58% to Rs 3460.19 crore in the quarter ended June 2024 as against Rs 2968.05 crore during the previous quarter ended June 2023. Sales rose 17.78% to Rs 13078.66 crore in the quarter ended June 2024 as against Rs 11103.93 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales13078.6611103.93 18 OPM %94.5297.01 - PBDT4355.153726.99 17 PBT4349.233721.16 17 NP3460.192968.05 17 Powered by Capital Market - Live News

REC announced that the 55th Annual General Meeting (AGM) of the company will be held on 20 August 2024.Powered by Capital Market - Live News

REC will hold a meeting of the Board of Directors of the Company on 27 July 2024.Powered by Capital Market - Live News

REC has recorded loan sanctions of Rs 1,12,747 crore and loan disbursements of Rs 43 652 crore during the first quarter ended 30 June  2024 of financial year 2024-25, which translates into significant growth of 24.17% and 27.89%, respectively, over the corresponding quarter of financial year 2023-24.  Particulars Q1 FY25 Q1 FY24 % Growth   Loans sanctioned1,12,747 90,794  24.17     - Of which renewable energy sanctions39,655  24,985  58.72    Loan disbursements43,652  34,133  27.89    - Of which renewable energy disbursements5,351  1,534  248.83  Powered by Capital Market - Live News