Corporate News     01-Jul-24
REC records strong operational performance for Q1 FY25

REC has recorded loan sanctions of Rs 1,12,747 crore and loan disbursements of Rs 43 652 crore during the first quarter ended 30 June  2024 of financial year 2024-25, which translates into significant growth of 24.17% and 27.89%, respectively, over the corresponding quarter of financial year 2023-24.

 Particulars Q1 FY25  Q1 FY24  % Growth 
  Loans sanctioned 1,12,747 90,794  24.17 
   - Of which renewable energy sanctions 39,655  24,985  58.72 
  Loan disbursements 43,652  34,133  27.89 
  - Of which renewable energy disbursements 5,351  1,534  248.83 
Previous News
  REC jumps on signing MoU with Rajasthan Govt
 ( Hot Pursuit - 11-Mar-24   15:14 )
  REC Ltd up for third straight session
 ( Hot Pursuit - 24-Sep-24   13:05 )
  Board of REC approves transfer of Ramgarh-II Transmission to Power Grid
 ( Corporate News - 27-Sep-23   15:19 )
  REC Ltd gains for fifth session
 ( Hot Pursuit - 16-May-24   13:00 )
  Board of REC approves incorporation of project specific SPVs
 ( Corporate News - 29-Jun-24   11:48 )
  REC board OKs to raise upto Rs 1.45 lakh crore via private placement
 ( Hot Pursuit - 01-Jun-24   15:35 )
  REC inks MoUs worth Rs 1.12 lakh crore with RE developers
 ( Hot Pursuit - 18-Sep-24   13:17 )
  REC registers highest ever loan sanctions in FY24
 ( Hot Pursuit - 08-Apr-24   15:19 )
  REC Ltd soars 1.62%, up for third straight session
 ( Hot Pursuit - 28-Jul-23   13:05 )
  REC Ltd rises for third consecutive session
 ( Hot Pursuit - 28-Nov-22   13:05 )
  REC Ltd down for fifth straight session
 ( Hot Pursuit - 29-Sep-22   13:36 )
Other Stories
  Tata Motors records 12% decline in Q2 sales
  01-Oct-24   18:04
  Tata Motors records 15% decline in September sales
  01-Oct-24   17:55
  Man Infra set to launch its highly anticipated Vile Parle project
  01-Oct-24   17:48
  Padam Cotton Yarns to declare Quarterly Result
  01-Oct-24   17:39
  Blueblood Ventures schedules board meeting
  01-Oct-24   17:39
  CRISIL to discuss results
  01-Oct-24   17:39
  Indian Renewable Energy Deve. Agency to convene board meeting
  01-Oct-24   17:39
  Ashapuri Gold Ornament schedules board meeting
  01-Oct-24   17:38
  Bijoy Hans to conduct board meeting
  01-Oct-24   17:38
  RS Software (India) to announce Quarterly Result
  01-Oct-24   17:38
Back Top