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Public sector Rural Electrification Corporation (REC) on Friday said its profit after tax during April-June increased 32 per cent at Rs 877 crore, against Rs 662 crore in the corresponding quarter the previous year.
The company’s total income for the first quarter also increased by 30 per cent to Rs 3,093 crore against Rs 2,373 crore in the similar period last year.
The EPS for the first quarter is Rs 8.88 per share. The loan asset book of the corporation has been recorded at Rs 1,06,632 crore and the outstanding borrowings Rs 89,565 crore, as on June 30.
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