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REC Q1 net rises 13% to Rs 662 cr

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 11:53 PM IST

State-run Rural Electrification Corporation today said its net profit increased by nearly 13% year-on-year to Rs 661.96 crore for the quarter ended June 30, 2011.

The company had reported a net profit of Rs 587.36 crore for the June quarter of the previous fiscal, Rural Electrification Corporation said in a regulatory filing.

Total income of the company increased to Rs 2,372.88 crore in the quarter ended June 30, 2011, from Rs 1,928.77 crore a year ago, the filing added.

Shares of the company were trading at Rs 193.20, up nearly 3%, on the Bombay Stock Exchange today. Over 4.60 lakh shares of the company changed hands on the bourse today.

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First Published: Aug 10 2011 | 3:24 PM IST

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