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REC Limited Posts Annual Profit of ₹100 Billion, its Highest-Ever

The company disbursed ₹28.24 billion to renewable energy companies in FY22

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REC Limited, a public infrastructure finance company, reported a total income of ₹392.30 billion (~$5.05 billion) for the financial year (FY) 2022, an 11% increase compared to ₹354.10 billion (~$4.56 billion) in FY 2021.

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