REC records a profit of Rs 29.15 billion in the quarter ended December 2022

REC Limited has recorded a net profit of Rs 29.15 billion for the quarter ended December 2022, an increase of 5.12 per cent over the net profit of Rs 27.73 billion recorded in the same quarter of previous year.

The company’s consolidated total income has decreased by 2.72 per cent to Rs 97.95 billion in the quarter ended December 2022 from Rs 100.69 billion during quarter ended December 2021.