REC will hold a meeting of the Board of Directors of the Company on 31 May 2024.Powered by Capital Market - Live News

The Board of REC will meet on 31 May 2024 to consider the proposal of fund raising through private placement subject to the approval of Shareholders of the Company. Powered by Capital Market - Live News

Net profit of REC rose 33.07% to Rs 4079.09 crore in the quarter ended March 2024 as against Rs 3065.37 crore during the previous quarter ended March 2023. Sales rose 23.76% to Rs 12677.18 crore in the quarter ended March 2024 as against Rs 10243.06 crore during the previous quarter ended March 2023.For the full year,net profit rose 26.67% to Rs 14145.46 crore in the year ended March 2024 as against Rs 11166.98 crore during the previous year ended March 2023. Sales rose 20.33% to Rs 47504.75 crore in the year ended March 2024 as against Rs 39478.26 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales12677.1810243.06 24 47504.7539478.26 20 OPM %103.35101.46 -100.7695.28 - PBDT5235.503907.51 34 17983.9313921.93 29 PBT5229.483901.23 34 17959.9413897.67 29 NP4079.093065.37 33 14145.4611166.98 27 Powered by Capital Market - Live News

REC announced that the Board of Directors of the Company at its meeting held on 30 April 2024, has recommended a Final dividend of Rs.5 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live News

REC will hold a meeting of the Board of Directors of the Company on 30 April 2024.Powered by Capital Market - Live News