REC posts 48.58% jump in net profit at Rs 474 crore in Q3

State-run Rural Electrification Corporation on Wednesday posted a 48.58 per cent jump in net profit at Rs 474 crore for the quarter ended December 31, 2009, over the same period the previous year.

Rural Electrification Corporation board approves FPO

The board of directors of the Rural Electrification Corporation today approved the proposed follow-on public offer (FPO) of the state-run company.