REC’s Q4 Net profit Up 21% YoY, Loan Approvals for Renewables Surge
Loan approvals for renewables rose 128% YoY to ₹261.24 billion
May 9, 2025
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Public infrastructure finance company REC Limited recorded a total income of ₹153.48 billion (~$1.79 billion) for the fourth quarter (Q4) of the financial year (FY) 2025, a 21% year-over-year (YoY) increase.