Rural Electrification Corporation (REC), a Navratna Public Sector Company has declared its financial results for the quarter ended 30th <g data-gr-id="14">June,</g> 2015. In a meeting held on Friday, the Board of Directors of the company approved the limited reviewed financial results.
Total income of the company for the quarter ended on 30th <g data-gr-id="13">June,</g> 2015 has increased to Rs 5,710 crores as against the corresponding quarter ended on 30th June, 2014 of Rs 4,707 crores, registering an increase of 21% for the quarter.
Profit after tax of the company for the quarter ended on 30th <g data-gr-id="21">June,</g> 2015 has increased to Rs 1,479 crores as against the corresponding quarter ended on 30th June, 2014 of Rs 1,283 crores registering an increase of 15% for the quarter. EPS for the quarter ended 30th <g data-gr-id="19">June,</g> 2015 is Rs 14.97. <g data-gr-id="18">Net</g> worth of the company has increased to Rs 26,267 crores. The loan asset book of the company as on 30th <g data-gr-id="17">June,</g> 2015 has increased to Rs 1,86,420 crores and the outstanding borrowings is Rs 1,55,772 crores.