Maharatna PSU stock REC announces fourth interim dividend of ₹3.2 per share; check record date, new taxation rules

REC Limited declared a fourth interim dividend of ₹3.20 per share, with March 20 set as the record date for eligible shareholders. The company reported a 15% increase in net profit to ₹11,574.25 crore for Q3 2024, with a 17.81% revenue growth.