REC Q4 PAT seen up 21% at Rs 680 cr

Rural Electrification Corporation (REC), is to announce its fourth quarter FY11 results. According to CNBC-TV18's estimates, the company's net interest income (NII) is seen up 26% at Rs 905 crore versus Rs 717 crore.

May 23, 2011 / 16:07 IST

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Rural Electrification Corporation (REC), is to announce its fourth quarter FY11 results. According to CNBC-TV18's estimates, the company's net interest income (NII) is seen up 26% at Rs 905 crore versus Rs 717 crore.

Its PAT is seen up 21% at Rs 680 crore versus Rs 561 crore.

Other expectations

Loan growth: 21%

Margins could fall by 15-20 bps due to higher cost of funds

Cost of funds should remain under control due to:

Raised rates by 50bps in 4QFY11

Raised ECBs worth $500 mn in Jan 2011

first published: May 23, 2011 04:05 pm

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