REC (BOM:532955) Non Interest Income : ₹9,429 Mil (As of Mar. 2024)

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What is REC Non Interest Income?

Non interest income is the income earned by banks through activities through lending, advising, consulting etc. REC's non interest income for the three months ended in Mar. 2024 was ₹2,295 Mil. Its non interest income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹9,429 Mil.

REC's quarterly non interest income declined from Sep. 2023 (₹3,372 Mil) to Dec. 2023 (₹1,358 Mil) but then increased from Dec. 2023 (₹1,358 Mil) to Mar. 2024 (₹2,295 Mil).

REC's annual non interest income declined from Mar. 2022 (₹2,638 Mil) to Mar. 2023 (₹-5,121 Mil) but then increased from Mar. 2023 (₹-5,121 Mil) to Mar. 2024 (₹7,567 Mil).

REC Non Interest Income Historical Data

The historical data trend for REC's Non Interest Income 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 Non Interest Income Chart

REC Annual Data

Trend

Mar15

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Mar24

Non Interest Income

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-21,515.40

4,521.70

2,638.20

-5,121.40

7,567.20

REC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Non Interest Income	Get a 7-Day Free Trial															2,589.50	2,404.40	3,372.20	1,357.70	2,294.60

REC Non Interest Income Calculation

Income earned by banks through activities through lending, advising, consulting etc. They are not from the financial assets that banks own.

Non Interest Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9,429 Mil.

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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