REC net profit rises 16 percent to Rs 3,442 crore in first quarter
New Delhi, July 27 (UNI) REC Limited (formerly Rural Electrification Corporation) reported a net profit of ₹3,442 crore, marking a 16% rise compared to ₹2961 crore in the same quarter last year. There was a notable 33.9% decline from the previous quarter’s net profit of Rs 4,016.3 crore. Releasing its financial results for the first…