REC Q1 Results: Net profit dips over 6% to Rs 4,193 crore
REC Ltd reported a year-on-year profit decline of six percent for the June quarter, primarily due to lower interest income affecting its consolidated net profit. Additionally, total income dropped compared to the previous year. The company announced an interim dividend of Rs 4.25 per share and decla
The Bharath News1 min readSource: ET Markets
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REC Ltd reported a year-on-year profit decline of six percent for the June quarter, primarily due to lower interest income affecting its consolidated net profit. Additionally, total income dropped compared to the previous year. The company announced an interim dividend of Rs 4.25 per share and declared a final dividend of Rs 1.55 per share for the past fiscal year.
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