Corporate News     01-Jul-24
REC records strong operational performance for Q1 FY25

REC has recorded loan sanctions of Rs 1,12,747 crore and loan disbursements of Rs 43 652 crore during the first quarter ended 30 June  2024 of financial year 2024-25, which translates into significant growth of 24.17% and 27.89%, respectively, over the corresponding quarter of financial year 2023-24.

 Particulars Q1 FY25  Q1 FY24  % Growth 
  Loans sanctioned 1,12,747 90,794  24.17 
   - Of which renewable energy sanctions 39,655  24,985  58.72 
  Loan disbursements 43,652  34,133  27.89 
  - Of which renewable energy disbursements 5,351  1,534  248.83 
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