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Corporate Results - Power
REC Q1 net rises 73%

New Delhi, July 28

State-owned Rural Electrification Corporation on Tuesday reported a 73 per cent growth in net profit at Rs 471.82 crore in the first quarter ended June 30, 2009. Total income of the PSU rose to Rs 1,508.90 crore during the June quarter, from Rs 1,022.78 crore in the corresponding period a year-ago, REC said in a filing to the Bombay Stock Exchange. Shares of REC closed at Rs 178.90, up 1.68 per cent on the BSE. – O

ur Bureau

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