Rural Electrification Corp profit up 48 percent in Q3
January 13th, 2010 - 3:08 pm ICT by IANS ( Leave a comment )Mumbai, Jan 13 (IANS) State-run Rural Electrification Corp (REC) Wednesday reported a 48.7 percent rise in net profit to Rs.474 crore for the quarter ended Dec 31, compared to Rs.318.6 crore in the same period last fiscal.
The company’s total income grew 33.7 percent to Rs.1,706.1 crore in the quarter under review against Rs.1275.4 crore in the like period in 2008-09.
REC is among the four state-owned companies, in which the government plans to divest its stake.
REC’s public offer is expected to hit the market before the budget.
- Rural Electrification Corp Q4 net up 45 percent - May 19, 2010
- IOC reports quarterly net loss of Rs.7,485.55 crore - Nov 09, 2011
- Rural Electrification Corp net rises 60 percent - Oct 29, 2009
- GAIL's second quarter net profit up 29.48 percent - Nov 03, 2010
- Rural Electrification gets nod for public offer - Oct 29, 2009
- NTPC net profit rises 1.96 percent - Oct 23, 2009
- BHEL quarterly net profit rises 2 percent - Jan 27, 2012
- Oil India's Q3 net profit up 26.58 percent - Feb 05, 2011
- Rural Electrification Corporation's Q1 net profit up 12.70 percent - Aug 10, 2011
- ONGC fourth quarter net up 71 percent - May 28, 2010
- REC gets RBI nod to raises FII stake limit to 35 percent - Oct 01, 2010
- Rural Electrification Corp files draft prospectus - Dec 04, 2009
- Reliance Comm posts Rs.157 crore Q1 profit - Aug 13, 2011
- HDFC quarterly net profit up 20 percent - Oct 17, 2011
- GAIL's second quarter net up 18.50 percent - Oct 24, 2011
Tags: 1 crore, budget, net profit, q3, rs 1, rural electrification, stake
