The company had posted a net profit after taxes, minority interest and share of profit from associates of Rs 1,096.50 crore during the corresponding quarter a year-ago, REC said in a BSE filing.
The total income from operations of the company increased to Rs 6,064.14 crore over Rs 5,333.40 crore in the corresponding quarter of 2014-15.
On the consolidated basis, the group posted a net profit after taxes, minority interest and share of profit of associates of Rs 5,691.42 crore for the year ended March 31, 2016 as compared to Rs 5344.42 crore for the year-ended March 31, 2015.
In a separate filing, the company said that its board has recommended the final dividend of Rs 5.10 per share (on the face value of Rs 10 each) for 2015-16, subject to approval of the shareholders in the ensuing Annual General Meeting.
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The shares of the company closed 0.32 per cent up at Rs 155.80 a piece on BSE.