Net Income Summary of REC Limited

REC Limited's latest annual net income in 2023 was 141.45 Billion INR , up 26.67% from previous year.
REC Limited's latest quarterly net income in 2024 Q2 was 40.37 Billion INR , up 16.69% from previous quarter.
REC Limited reported an annual net income of 111.66 Billion INR in 2022, up 11.27% from previous year.
REC Limited reported an annual net income of 100.35 Billion INR in 2021, up 19.78% from previous year.
REC Limited reported a quarterly net income of 34.6 Billion INR for 2024 Q1, down -15.17% from previous quarter.
REC Limited reported a quarterly net income of 40.79 Billion INR for 2023 Q4, up 23.29% from previous quarter.

Annual Net Income Chart of REC Limited (2023 - 2005)

Historical Annual Net Income of REC Limited (2023 - 2005)

Year	Net Income	Net Income Growth
2023	141.45 Billion INR	26.67%
2022	111.66 Billion INR	11.27%
2021	100.35 Billion INR	19.78%
2020	83.78 Billion INR	68.5%
2019	49.72 Billion INR	-13.4%
2018	57.41 Billion INR	22.43%
2017	46.89 Billion INR	-25.72%
2016	63.13 Billion INR	10.93%
2015	56.91 Billion INR	6.49%
2014	53.44 Billion INR	12.72%
2013	47.41 Billion INR	23.7%
2012	38.32 Billion INR	35.02%
2011	28.38 Billion INR	9.82%
2010	25.84 Billion INR	27.82%
2009	20.22 Billion INR	58.79%
2008	12.73 Billion INR	47.75%
2007	8.61 Billion INR	11.21%
2006	7.75 Billion INR	-4.07%
2005	8.07 Billion INR	0.0%

Year	Net Income	Net Income Growth
2024 Q2	40.37 Billion INR	16.69%
2024 Q1	34.6 Billion INR	-15.17%
2023 Q4	40.79 Billion INR	23.29%
2023 Q1	29.68 Billion INR	-3.17%
2023 FY	141.45 Billion INR	26.67%
2023 Q2	37.89 Billion INR	27.69%
2023 Q3	33.08 Billion INR	-12.7%
2022 Q1	24.54 Billion INR	6.64%
2022 FY	111.66 Billion INR	11.27%
2022 Q2	27.32 Billion INR	11.33%
2022 Q3	29.15 Billion INR	6.71%
2022 Q4	30.65 Billion INR	5.15%
2021 Q1	22.68 Billion INR	9.18%
2021 FY	100.35 Billion INR	19.78%
2021 Q4	23.01 Billion INR	-17.02%
2021 Q3	27.73 Billion INR	3.01%
2021 Q2	26.92 Billion INR	18.67%
2020 Q2	21.97 Billion INR	19.07%
2020 Q1	18.45 Billion INR	289.31%
2020 FY	83.78 Billion INR	68.5%
2020 Q4	20.77 Billion INR	-7.98%
2020 Q3	22.57 Billion INR	2.77%
2019 Q1	15.09 Billion INR	20.46%
2019 FY	49.72 Billion INR	-13.4%
2019 Q4	4.73 Billion INR	-71.56%
2019 Q3	16.66 Billion INR	26.04%
2019 Q2	13.22 Billion INR	-12.36%
2018 Q3	12.84 Billion INR	-25.9%
2018 Q4	12.52 Billion INR	-2.44%
2018 FY	57.41 Billion INR	22.43%
2018 Q1	14.71 Billion INR	0.0%
2018 Q2	17.32 Billion INR	17.72%
2017 FY	46.89 Billion INR	-25.72%
2016 FY	63.13 Billion INR	10.93%
2015 FY	56.91 Billion INR	6.49%
2014 FY	53.44 Billion INR	12.72%
2013 FY	47.41 Billion INR	23.7%
2012 FY	38.32 Billion INR	35.02%
2011 FY	28.38 Billion INR	9.82%
2010 FY	25.84 Billion INR	27.82%
2009 FY	20.22 Billion INR	58.79%
2008 FY	12.73 Billion INR	47.75%
2007 FY	8.61 Billion INR	11.21%
2006 FY	7.75 Billion INR	-4.07%
2005 FY	8.07 Billion INR	0.0%

Peer Net Income Comparison of REC Limited

Name	Net Income	Net Income Difference
Cholamandalam Investment and Finance Company Limited	34.2 Billion INR	-313.603%
IndoStar Capital Finance Limited	1.15 Billion INR	-12112.249%
Bajaj Finance Limited	144.51 Billion INR	2.115%
MAS Financial Services Limited	2.51 Billion INR	-5534.519%
IIFL Finance Limited	17.63 Billion INR	-702.106%
Viji Finance Limited	1.38 Million INR	-10250233.333%
Satin Creditcare Network Limited	4.35 Billion INR	-3144.833%
Fedbank Financial Services Limited	2.44 Billion INR	-5680.736%
Power Finance Corporation Limited	197.61 Billion INR	28.418%
Hexa Tradex Limited	922.87 Million INR	-15227.684%
Housing and Urban Development Corporation Limited	21.16 Billion INR	-568.282%
Manappuram Finance Limited	21.88 Billion INR	-546.301%
Spandana Sphoorty Financial Limited	5 Billion INR	-2725.363%
Paisalo Digital Limited	1.78 Billion INR	-7803.684%
Poonawalla Fincorp Limited	16.82 Billion INR	-740.616%
Sundaram Finance Limited	14.36 Billion INR	-885.046%
Shriram Finance Limited	73.66 Billion INR	-92.027%
Tourism Finance Corporation of India Limited	911.07 Million INR	-15426.052%
Maha Rashtra Apex Corporation Limited	3.46 Billion INR	-3983.47%
Fusion Micro Finance Limited	5.05 Billion INR	-2699.474%
Mahindra & Mahindra Financial Services Limited	19.32 Billion INR	-631.905%
CreditAccess Grameen Limited	14.45 Billion INR	-878.295%
PTC India Financial Services Limited	1.6 Billion INR	-8699.719%
L&T Finance Limited	23.2 Billion INR	-509.692%
TCI Finance Limited	-4.79 Million INR	2948913.842%
UGRO Capital Limited	1.19 Billion INR	-11752.599%
Indian Renewable Energy Development Agency Limited	12.52 Billion INR	-1029.622%
Muthoot Capital Services Limited	1.22 Billion INR	-11432.449%
SBI Cards and Payment Services Limited	24.07 Billion INR	-487.465%
Vardhman Holdings Limited	1.84 Billion INR	-7551.133%
IFCI Limited	1.03 Billion INR	-13546.016%
TruCap Finance Limited	109.63 Million INR	-128927.921%
CSL Finance Limited	633.62 Million INR	-22224.832%
Muthoot Microfin Limited	4.49 Billion INR	-3046.351%
SBFC Finance Limited	2.37 Billion INR	-5865.931%
Starteck Finance Limited	159.04 Million INR	-88838.308%
Capri Global Capital Limited	2.79 Billion INR	-4962.69%
Mufin Green Finance Limited	160.61 Million INR	-87968.41%
Arman Financial Services Limited	1.73 Billion INR	-8049.583%
Muthoot Finance Limited	43.24 Billion INR	-227.117%
Williamson Magor & Co. Limited	-504.29 Million INR	28149.971%
Five-Star Business Finance Limited	8.35 Billion INR	-1592.21%
Baid Finserv Limited	129.24 Million INR	-109351.099%
DCM Financial Services Limited	-9.38 Million INR	1508144.776%
Indian Railway Finance Corporation Limited	64.12 Billion INR	-120.606%
Yaari Digital Integrated Services Limited	-216.1 Million INR	65557.936%
Cholamandalam Financial Holdings Limited	17.72 Billion INR	-698.042%

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REC Limited (RECLTD.NS)

Net Income Summary of REC Limited

Annual Net Income Chart of REC Limited (2023 - 2005)

Historical Annual Net Income of REC Limited (2023 - 2005)

Peer Net Income Comparison of REC Limited