-- REC (NSE:RECLTD, BOM:532955) saw a decline in its consolidated net profit to 33.8 billion Indian rupees in the fiscal fourth quarter from 43.1 billion rupees a year ago, according to an Indian bourse filing on Tuesday by the power finance company.
Earnings per share during the quarter ended March 31 contracted to 12.69 rupees from 16.24 rupees in the year-ago period.
Total revenue from operations in fiscal Q4 also decreased to 145.6 billion rupees from 153.3 billion rupees a year earlier.
Additionally, the company declared a third interim dividend of 1.55 rupees per share for the financial year ended March 31.