REC (BOM:532955) Net Loan : ₹4,992,506 Mil (As of Mar. 2024)

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What is REC Net Loan?

REC's quarterly net loan increased from Sep. 2023 (₹4,630,960 Mil) to Dec. 2023 (₹4,873,151 Mil) and increased from Dec. 2023 (₹4,873,151 Mil) to Mar. 2024 (₹4,992,506 Mil).

REC's annual net loan increased from Mar. 2022 (₹3,719,718 Mil) to Mar. 2023 (₹4,873,151 Mil) and increased from Mar. 2023 (₹4,873,151 Mil) to Mar. 2024 (₹4,992,506 Mil).

REC Net Loan Historical Data

The historical data trend for REC's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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REC Net Loan Chart

REC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Loan

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3,121,115.20

3,653,014.30

3,719,717.70

4,220,839.10

4,992,505.50

REC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Loan	Get a 7-Day Free Trial															4,220,839.10	-	4,630,959.80	4,873,150.60	4,992,505.50

REC Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

REC (BOM:532955) Business Description

Industry

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RECLTD:India

Address

Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001

Website

https://www.recindia.nic.in

REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.

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