REC consolidated net profit rises 338.37% in the March 2021 quarter

Image
Capital Market
Last Updated : May 28 2021 | 4:32 PM IST

Sales rise 17.47% to Rs 9211.46 crore

Net profit of REC rose 338.37% to Rs 2077.84 crore in the quarter ended March 2021 as against Rs 473.99 crore during the previous quarter ended March 2020. Sales rose 17.47% to Rs 9211.46 crore in the quarter ended March 2021 as against Rs 7841.48 crore during the previous quarter ended March 2020.

For the full year,net profit rose 68.50% to Rs 8378.24 crore in the year ended March 2021 as against Rs 4972.27 crore during the previous year ended March 2020. Sales rose 18.89% to Rs 35552.68 crore in the year ended March 2021 as against Rs 29903.93 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales9211.467841.48 17 35552.6829903.93 19 OPM %88.3670.70 -90.7386.77 - PBDT2707.25667.79 305 10790.457041.75 53 PBT2704.38664.23 307 10779.597029.98 53 NP2077.84473.99 338 8378.244972.27 68

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 28 2021 | 4:15 PM IST

Next Story