India, April 30 -- The Board of Directors of REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, today approved the audited standalone and consolidated financial results for the quarter and year ended 31st March, 2024.

Operational and Financial Highlights: Q4 FY24 vs Q4 FY23 (Standalone)

Revenue from operations: Rs. 12,613 crores vs. Rs. 10,113 crores, up 25%

Total income: Rs. 12,643 crores vs. Rs. 10,124 crores, up 25%

Net interest income: Rs. 4,407 crores vs. Rs. 3,409 crore, up 29%

Net Profit: Rs. 4,016 crores vs. Rs. 3,001 crore, up 34%

Total Comprehensive Income: Rs. 5,183 crores vs. Rs. 3,645 crores, up 42%

Yield: 10.03% vs. 9.65%, up 38 basis points

Average cost of funds: ...