REC’s Revenue Falls 3%, Profit Declines by 6% in Q1 FY 2027

Renewable energy projects accounted for 18% of total loan disbursements

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Public infrastructure finance company REC recorded revenue from operations of ₹144.35 billion (~$1.5 billion) for the first quarter of the financial year (FY) 2027, down 3% year-over-year (YoY) from ₹148.17 billion (~$1.54 billion).

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