Friday, May 25, 2012

REC Q4 net profit up 9% at Rs 763 cr


State-owned Rural Electrification Corporation's (REC) net profit increased 9% over a year ago period to Rs 763 crore for the fourth quarter of FY12.

Total income from operations went up 28.29% to Rs 2,807 crore from Rs 2,188 crore during the same period.

Other income declined to Rs 60 crore in the quarter ended March 2012 from Rs 118 crore in the corresponding quarter of last year.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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