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Hot Pursuit - Detailed News

REC's board to mull fund raising plan on 26th March
22-Mar-25   11:12 Hrs IST
The said announcement came after market hours on Friday, 21 March 2025.

REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC).

The company's consolidated net profit jumped 23.2% to Rs 4076.35 crore in Q3 FY25 as compared with Rs 3308.42 crore in Q3 FY24. Total income increased 18.4% YoY to Rs 14,286.91 crore during the quarter ended 31st December 2024.

The scrip shed 0.02% to end at Rs 428.85 on Friday, 21 March 2025.

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