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 consolidated net profit rises 38.72% in the September 2023 quarter
 ( Results - Announcements 01-Nov-23   16:34 )
  Board of REC approves incorporation of project specific SPVs
 ( Corporate News - 29-Jun-24   11:48 )
  Nifty November futures trade at premium
 ( Market Commentary - Futures Market 01-Nov-23   16:28 )
  REC Ltd soars 1.47%
 ( Hot Pursuit - 21-Sep-23   13:05 )
  REC to declare Quarterly Result
 ( Corporate News - 10-May-23   15:24 )
  REC
 ( Results - Analysis 04-Feb-22   19:38 )
  REC to conduct board meeting
 ( Corporate News - 21-Oct-22   14:01 )
  REC
 ( Results - Analysis 30-Oct-21   11:35 )
  REC Ltd gains for fifth session
 ( Hot Pursuit - 11-Jun-24   13:00 )
  REC hits record high after board OKs raising upto Rs 1.45 lakh crore
 ( Hot Pursuit - 03-Jun-24   11:11 )
  REC inks MoUs with UP Govt, MP Power Management Co
 ( Hot Pursuit - 14-Jan-23   10:19 )
Other Stories
  Mahindra & Mahindra selects ABB's innovative PixelPaint technology
  03-Jul-24   14:02
  E Factor Experiences AGM scheduled
  03-Jul-24   13:55
  Newjaisa Technologies EGM scheduled
  03-Jul-24   13:55
  Hindustan Zinc AGM scheduled
  03-Jul-24   13:55
  Mirza International schedules AGM
  03-Jul-24   13:54
  Sundaram Multi Pap to convene EGM
  03-Jul-24   13:54
  Kothari Petrochemicals to hold AGM
  03-Jul-24   13:54
  Kothari Sugars & Chemicals schedules AGM
  03-Jul-24   13:54
  Flair Writing Industries appoints CFO
  03-Jul-24   11:09
  Polycab India allots 12,495 equity shares under ESOS
  03-Jul-24   10:21
Back Top