REC Q4 profit seen up 14.6% to Rs 1366 cr: Poll

Rural Electrification Corporation (REC) may report a 14.6 percent growth (year-on-year) in profit at Rs 1,366 crore for the quarter ended March 2015, according to a CNBC-TV18 poll.

May 28, 2015 / 11:13 IST

26 Aug, 2025 12:21

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Rural Electrification Corporation (REC) may report a 14.6 percent growth (year-on-year) in profit at Rs 1,366 crore for the quarter ended March 2015, according to a CNBC-TV18 poll.

Net interest income is seen rising 19 percent to Rs 2,110 crore during January-March quarter compared to Rs 1,773 crore in the same quarter last year.

Analysts expect margin improvement of 5 basis points Y-o-Y on the back of easing wholesale rates. According to them, provisions could pull down profit.

Loan growth is expected to remain steady at 15-16 percent while asset quality may be largely healthy barring few accounts.

first published: May 28, 2015 11:13 am

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