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REC (NSE:RECLTD) Pre-Tax Income : ₹179,599 Mil (TTM As of Mar. 2024)


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What is REC Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. REC's pretax income for the three months ended in Mar. 2024 was ₹52,295 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹179,599 Mil. REC's pretax margin was 110.70%.

During the past 13 years, REC's highest Pretax Margin was 104.17%. The lowest was 69.31%. And the median was 82.47%.


REC Pre-Tax Income Historical Data

The historical data trend for REC's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REC Pre-Tax Income Chart

REC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70,299.80 107,795.90 124,305.30 138,976.70 179,599.40

REC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39,012.30 37,211.60 48,376.10 41,716.90 52,294.80

Competitive Comparison of REC's Pre-Tax Income

For the Credit Services subindustry, REC's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


REC's Pre-Tax Income Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, REC's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where REC's Pre-Tax Income falls into.



REC Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

REC's Pretax Income for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+179599.4
=179,599

REC's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+52294.8
=52,295

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹179,599 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


REC  (NSE:RECLTD) Pre-Tax Income Explanation

REC's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=52294.8/47241.9
=110.70%

During the past 13 years, REC's highest Pretax Margin was 104.17%. The lowest was 69.31%. And the median was 82.47%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


REC Pre-Tax Income Related Terms

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REC (NSE:RECLTD) Business Description

Traded in Other Exchanges
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.

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