REC Q4 Results Live : profit rise by 33.07% YOY
REC Q4 Results Live : REC, the company, announced its Q4 results on 30th April 2024, showcasing a significant growth in both revenue and profit compared to the previous year.
The topline of REC increased by 22.06% Year-on-Year, while the profit surged by 33.07% Year-on-Year. Additionally, in comparison to the previous quarter, the revenue saw a growth of 3.93% and the profit increased by 23.29%.
The Selling, General & Administrative expenses of REC rose by 17.78% quarter-on-quarter and saw a substantial increase of 59.77% Year-on-Year.
Moreover, the operating income witnessed an uptick of 23.67% quarter-on-quarter and a growth of 31.64% Year-on-Year.
The Earnings Per Share (EPS) for Q4 stood at ₹13.21, marking a 23.25% increase Year-on-Year.
REC has been performing well in the market, delivering returns of 16.37% in the last 1 week, 76.34% in the last 6 months, and 22.84% Year-to-Date.
Currently, REC holds a market capitalization of ₹133544 Cr with a 52-week high/low of ₹524 and ₹127.4 respectively.
Analysts covering REC have provided their recommendations, with 1 analyst suggesting to Hold, 3 analysts advising to Buy, and 2 analysts recommending Strong Buy as of 3rd May 2024.
The consensus recommendation as of the same date was to Buy, indicating positive sentiment towards REC’s performance.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 12541.46 | 12067.29 | +3.93% | 10274.5 | +22.06% |
| Selling/ General/ Admin Expenses Total | 184.92 | 157.01 | +17.78% | 115.74 | +59.77% |
| Depreciation/ Amortization | 6.02 | 6 | +0.33% | 6.28 | -4.14% |
| Total Operating Expense | 7417.23 | 7923.76 | -6.39% | 6382.03 | +16.22% |
| Operating Income | 5124.23 | 4143.53 | +23.67% | 3892.47 | +31.64% |
| Net Income Before Taxes | 5229.48 | 4171.69 | +25.36% | 3901.23 | +34.05% |
| Net Income | 4079.09 | 3308.42 | +23.29% | 3065.37 | +33.07% |
| Diluted Normalized EPS | 13.21 | 12.73 | +3.73% | 10.71 | +23.25% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹4079.09Cr
Question : What is Q4 revenue?
Ans : ₹12541.46Cr
Stay updated on quarterly results with our results calendar
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download Finplay News App to get Daily Market Updates & Live Business News.
More
Less
Published: 03 May 2024, 02:34 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.