Rural Electrification Corp (REC) Financial Statements

Rural Electrification Corp (REC) (RECLTD) reported revenue of ₹475.05B in FY2024 with net income of ₹141.45B. Total assets stood at ₹5,481.91B and free cash flow was -₹577.56B.

Rural Electrification Corp (REC) Income Statement

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FY 2023 – FY 2024

Item	Chart	2023	2024
Total Revenue		394.78B	475.05B
Interest Exp. Interest Expense		-237.33B	-299.48B
SGA Sales, General & Admin		-1.30B	-1.70B
Emp. Salary Employee Salary		-2.04B	-2.38B
Total Expenses		-256.22B	-296.11B
PBT Profit Before Tax		138.98B	179.60B
Net Income		111.67B	141.45B
Dil. Shares Diluted Shares		2.63B	2.63B
Diluted EPS		42.28	53.59

Figures in ₹ — millions (M), billions (B), trillions (T). EPS is earnings per share.

Understanding the Income Statement

The income statement shows Rural Electrification Corp (REC)'s revenue and expenses over a period. Revenue minus costs gives gross profit; after operating expenses, interest, and taxes, the remainder is net income. Diluted EPS divides net income by all shares that could exist if options and convertibles were exercised.

Rural Electrification Corp (REC) Balance Sheet

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FY 2023 – FY 2024

Item	Chart	2023	2024
Curr. assets Total current assets		4,611.67B	5,445.88B
Non-curr. assets Total non-current assets		43.36B	36.03B
Total assets		4,655.03B	5,481.91B
Curr. liabilities Total current liabilities		4,071.54B	4,783.77B
Non-curr. liab. Total non-current liabilities		2.29B	4.64B
Total liabilities		4,073.82B	4,788.41B
Total equity		581.21B	693.50B
Total liab. & eq. Total liabilities & equity		4,655.03B	5,481.91B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding the Balance Sheet

The balance sheet captures Rural Electrification Corp (REC)'s financial position at a point in time — what it owns (assets), what it owes (liabilities), and the residual value to shareholders (equity). Total assets always equals total liabilities plus equity.

Rural Electrification Corp (REC) Cash Flow Statement

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FY 2023 – FY 2024

Item	Chart	2023	2024
Net Income		138.98B	179.60B
Operating CF Cash flow Operating Activities		-373.60B	-577.23B
Capex Investments in PPE		-176.70M	-336.30M
Investing CF Cash flow Investing Activities		-9.43B	-18.31B
Dividend Paid		-31.20B	-28.57B
Financing CF Cash flow Financing Activities		381.23B	595.88B
Cash (start) Cash at beginning of period		1.41B	-388.90M
Cash (end) Cash at end of period		-388.90M	-46.90M
FCF Free Cash Flow		-373.77B	-577.56B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding Cash Flow

The cash flow statement tracks how Rural Electrification Corp (REC)'s cash moves through operations, investing, and financing activities. Free cash flow — operating cash minus capital expenditure — shows what is available to return to shareholders.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2024