Markets
REC’s Q2 Net Profit Falls 21% Despite Expanding Loan Portfolio
CEII brief
Mercom India reported on 27 Oct 2026: REC’s Q2 Net Profit Falls 21% Despite Expanding Loan Portfolio.
Read the full story on Mercom IndiaPublic infrastructure finance company REC reported a revenue from operations of ₹150 billion (~$1.58 billion), down 1% year-over-year (YoY) from ₹151.53 billion (~$1.59 billion).
Context from CEII
Exchange rates and the cost of capital shape every energy project, especially in emerging markets where equipment is priced in dollars.
₦1,359.91 per US dollar, reference rate todayOriginal reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
