FinanceAsianet Newsable
REC Q1 net profit soars 23% to Rs 4,149 crore, declares dividend
in5points
REC Limited Q1 FY27 net profit rose 23% sequentially to Rs 4,149 crore.
Board declared an interim dividend of Rs 4.25 per share.
Net interest income grew 5% to Rs 5,212 crore.
Total loan book reached Rs 5.90 lakh crore.
Stage-3 loan assets reduced to near-zero at 0.11%.
