REC reports profit of Rs 111.67 billion in 2022-23

REC Limited has recorded a net profit of Rs 111.67 billion during the financial year 2022-23, registering an increase of 11.27 per cent over the net profit of Rs 100.36 billion recorded in the previous year.

The company’s consolidated total income has increased by 0.46 per cent to Rs 395.20 billion in 2022-23 from Rs 393.39 billion during 2021-22.