A good set of numbers from REC Q4 2024
Net Profit up 34% At ₹4,016.3 Cr Vs ₹3,00.9 Cr (YoY)
NII up 25% At ₹4,273 Vs ₹3,407 Cr (YoY) !
REC profit aided by impairment amount of ₹712 Cr
Credit w.r.t impairment at ₹712 cr vs expense of ₹56 cr QoQ
Gross NPA at 2.71% vs 2.78% (QoQ)
Net NPA at 0.86% vs 0.82% (QoQ)
https://x.com/CNBCTV18Live/status/1785229029773037971
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