REC's Q3 net profit zooms  5% to Rs 2,915.33 crore
Mon, Jan 30, 2023 7:58 PM

REC's Q3 net profit zooms 5% to Rs 2,915.33 crore

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REC logged more than 5% growth in its Q3FY23 consolidated net profit at Rs 2,915.33 crore driven by lower expenses. The state-owned non-banking finance firm's consolidated net profit stood at Rs 2,773.44 crore in the year-ago period. Its total expenses, however, declined to Rs 6,185.24 crore in the quarter from Rs 6,617.51 crore in the same period a year ago.

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