REC Q2 Net Profit Falls 21.2% to ₹3,478 Crore
Rural Electrification Corporation reported second-quarter net profit of ₹3,478 crore, down 21.2% year on year from ₹4,415 crore. It also declared an interim dividend.
State-owned Rural Electrification Corporation (REC) reported a 21.2% year-on-year decline in net profit to ₹3,478 crore for the second quarter of the financial year 2026-27, compared with ₹4,415 crore in the corresponding period last year.The company's net interest income (NII) fell 9% year-on-year…