CMD REC Limited Sh. Vivek Kumar Dewangan, along with Director (Finance) and Director (Technical), took part in an insightful media interaction for its Q1 FY24 results. They highlighted the specifics of the financial results, growth strategies, and sustainable initiatives of the Corporation.
The media interaction was followed by an open Q&A session.
Operational and Financial Highlights –Q1 FY24 vs Q1 FY23 (Standalone)
Sanctions: 90,797 crores up 52%,
The renewable sector constitutes 16% of Disbursements: 34,133 crores vs. 12,442 crores, up 174%
Interest Income on Loan Assets: 10,465 crores vs. 9,262 crores, up 13%
Net Profit: 2,961 crores vs. 2,447 crores, up 21%.
