REC Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

REC Limited held its Q2 FY'25 earnings conference call, revealing strong financial performance with a net profit of INR 7,448 crores, up 11% YoY. The company sanctioned projects worth INR 76,200 crores, focusing heavily on renewable energy. The loan book grew by 15% YoY to INR 546,117 crores, while gross NPAs reduced to 2.53%. REC aims for a 17% average growth in assets under management over the next three to four years.