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REC Q3 net up 16% at Rs 770 cr
Rural Electrification Corporation (REC) has reported a net profit of Rs 770 crore in the quarter ended December FY12, a growth of 16% as compared to Rs 664 crore in the corresponding quarter of last fiscal.
Rural Electrification Corporation (REC) has reported a net profit of Rs 770 crore in the quarter ended December FY12, a growth of 16% as compared to Rs 664 crore in the corresponding quarter of last fiscal.
Net sales jumped 27% to Rs 2,650 crore versus Rs 2,086 crore year-on-year.
REC's board members approved interim dividend of Rs 5/share.
At 15:28 hours IST, the share was quoting at Rs 202, up 6.82% over previous closing price.
