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  • REC Consolidated March 2021 Net Sales at Rs 9,211.46 crore, up 17.47% Y-o-Y Jun 01, 2021 12:33 PM IST

    REC Consolidated March 2021 Net Sales at Rs 9,211.46 crore, up 17.47% Y-o-Y

  • REC Standalone March 2021 Net Sales at Rs 9,145.61 crore, up 16.66% Y-o-Y Jun 01, 2021 12:22 PM IST

    REC Standalone March 2021 Net Sales at Rs 9,145.61 crore, up 16.66% Y-o-Y

  • PFC, REC reduce lending rates by up to 2 percentage points from April 1 Mar 31, 2021 09:10 PM IST

    PFC, REC reduce lending rates by up to 2 percentage points from April 1

    The new lending rates will be effective from April 1, 2021. This initiative was undertaken to offer competitive rates, in line with the rates being offered by peers in the market.

  • REC Consolidated December 2020 Net Sales at Rs 9,084.57 crore, up 17.79% Y-o-Y Feb 05, 2021 10:22 AM IST

    REC Consolidated December 2020 Net Sales at Rs 9,084.57 crore, up 17.79% Y-o-Y

  • REC Standalone December 2020 Net Sales at Rs 9,042.13 crore, up 18.19% Y-o-Y Feb 05, 2021 09:44 AM IST

    REC Standalone December 2020 Net Sales at Rs 9,042.13 crore, up 18.19% Y-o-Y

  • REC Q3 profit surges 35% to Rs 2,258 crore Feb 04, 2021 07:25 PM IST

    REC Q3 profit surges 35% to Rs 2,258 crore

    The net profit in the year-ago period was Rs 1,666.81 crore, REC said in a BSE filing.

  • REC Standalone December 2020 Net Sales at Rs 9,042.13 crore, up 18.19% Y-o-Y Feb 04, 2021 05:44 PM IST

    REC Standalone December 2020 Net Sales at Rs 9,042.13 crore, up 18.19% Y-o-Y

  • REC Consolidated December 2020 Net Sales at Rs 9,084.57 crore, up 17.79% Y-o-Y Feb 04, 2021 05:44 PM IST

    REC Consolidated December 2020 Net Sales at Rs 9,084.57 crore, up 17.79% Y-o-Y

  • REC Consolidated September 2020 Net Sales at Rs 8,810.00 crore, up 17.82% Y-o-Y Nov 09, 2020 11:22 AM IST

    REC Consolidated September 2020 Net Sales at Rs 8,810.00 crore, up 17.82% Y-o-Y

  • REC Standalone September 2020 Net Sales at Rs 8,779.38 crore, up 18.28% Y-o-Y Nov 09, 2020 11:11 AM IST

    REC Standalone September 2020 Net Sales at Rs 8,779.38 crore, up 18.28% Y-o-Y

  • Rural Electrification Corporation net profit jumps 66% to Rs 2,197 crore in September quarter Nov 07, 2020 03:49 PM IST

    Rural Electrification Corporation net profit jumps 66% to Rs 2,197 crore in September quarter

    The company’s total income during July-September 2020 rose to Rs 8,822.10 crore, from Rs 7,659.30 crore in the year-ago period.

  • REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 lakh crore Sep 04, 2020 06:33 PM IST

    REC seeks shareholders' nod to raise borrowing limit to Rs 4.5 lakh crore

    The net amount of borrowings of the company as on March 31, 2020 was Rs 2,80,116 crore and a sum of Rs 1,10,000 crore is likely to be borrowed in 2020-21 for lending activities.

  • REC Consolidated June 2020 Net Sales at Rs 8,446.65 crore, up 20.54% Y-o-Y Aug 10, 2020 09:44 AM IST

    REC Consolidated June 2020 Net Sales at Rs 8,446.65 crore, up 20.54% Y-o-Y

  • REC Standalone June 2020 Net Sales at Rs 8,420.77 crore, up 20.53% Y-o-Y Aug 10, 2020 09:33 AM IST

    REC Standalone June 2020 Net Sales at Rs 8,420.77 crore, up 20.53% Y-o-Y

  • Govt likely to hike liquidity package for discoms to Rs 1.25 lakh crore Jul 03, 2020 07:05 PM IST

    Govt likely to hike liquidity package for discoms to Rs 1.25 lakh crore

    Singh said that the states have requested for a hike in the liquidity package and extension of period outstanding dues by few more months due to the impact of COVID-19 induced lockdown.

  • Floor price removal will lead to inventory loss of Rs 400 crore for REC-based projects: ICRA Jun 24, 2020 07:25 PM IST

    Floor price removal will lead to inventory loss of Rs 400 crore for REC-based projects: ICRA

    The forbearance price is the ceiling or maximum price determined by the Central Electricity Regulatory Commission (CERC) within which RECs can be dealt in the power exchanges.

  • REC Standalone March 2020 Net Sales at Rs 7,839.40 crore, up 17.5% Y-o-Y Jun 18, 2020 10:08 AM IST

    REC Standalone March 2020 Net Sales at Rs 7,839.40 crore, up 17.5% Y-o-Y

  • REC Consolidated March 2020 Net Sales at Rs 7,841.48 crore, up 16.84% Y-o-Y Jun 18, 2020 10:03 AM IST

    REC Consolidated March 2020 Net Sales at Rs 7,841.48 crore, up 16.84% Y-o-Y

  • REC net profit drops 62% to Rs 474 crore in March quarter Jun 17, 2020 07:34 PM IST

    REC net profit drops 62% to Rs 474 crore in March quarter

    Total income in the quarter under review rose to Rs 7,903.56 crore from Rs 6,663.83 crore a year earlier.

  • REC ties up with TajSATS to provide meals to frontline healthcare workers May 26, 2020 01:25 PM IST

    REC ties up with TajSATS to provide meals to frontline healthcare workers

    REC (formerly known as Rural Electrification Corporation) is spearheading the mission to feed the medical staff in key government hospitals as well as poor daily wage labourers across the nation, through collaborative efforts, the company said in a statement.

  • Liquidity support provides temporary lifeline to discoms: S&P May 18, 2020 04:28 PM IST

    Liquidity support provides temporary lifeline to discoms: S&P

    The agency expects power demand to recover but is likely to have its first-ever power surplus in the fiscal year ending March 2021.

  • Discom loan — It’s a relief, not a reform May 14, 2020 10:47 AM IST

    Discom loan — It’s a relief, not a reform

    Power utilities need long-term concrete measures to become “Aatmanirbhar”

  • REC raises $500 million by issuing overseas bonds May 13, 2020 04:55 PM IST

    REC raises $500 million by issuing overseas bonds

    According to the statement, the Notes (bonds) will mature on May 19, 2023 and all principal and interest payments will be made in US dollars.

  • REC steps up relief work, reaches out to 76K people with cooked food, ration during lockdown Apr 21, 2020 01:35 PM IST

    REC steps up relief work, reaches out to 76K people with cooked food, ration during lockdown

    REC Foundation has already sanctioned funds totalling Rs 7 crore for these activities and more such funds are already in the pipeline.

  • REC Consolidated December 2019 Net Sales at Rs 7,712.75 crore, up 39.37% Y-o-Y Feb 07, 2020 11:43 AM IST

    REC Consolidated December 2019 Net Sales at Rs 7,712.75 crore, up 39.37% Y-o-Y

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