Rural Electrification Corp today reported nearly 9% increase in net profit at Rs 762.69 crore in the fourth quarter ended March.
The power sector lender had a net profit of Rs 700.26 crore in the year-ago period.
According to a regulatory filing, the company's total income in the March 2012 quarter increased to Rs 2,867.02 crore from Rs 2,306.33 crore in the same period a year ago.
REC's consolidated net profit rose about 10% to Rs 2,838.66 crore for the full year ended March 2012. In the comparable period, the same stood at Rs 2,584.89 crore.
The consolidated net profit is after taxes, minority interest and share of profit from associates.
The company's consolidated total income went up to Rs 10,553.62 crore in the last financial year compared to Rs 8,532.20 crore in the year-ago period.
On a standalone basis, REC net profit jumped nearly 9% to Rs 2,817.03 crore in the year ended March 2012 from Rs 2,569.93 crore.
Total income climbed to Rs 10,509.07 crore from Rs 8,495.26 crore.
All the annual figures are audited.
Shares of the company fell 2.22% to end the day at Rs 169.75 on the BSE.
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