REC Limited’s Post

Here we are 2 weeks into the new financial year, which is a great time to release our End of Year report for 2023-24. The team enjoyed pulling this together as it was lovely to read all the feedback from businesses who had completed awards during 2023-24, and reflect on all the initiatives and achievements. You can read the full report here: https://lnkd.in/eb_5t_dx Do you take time to reflect on your achievements? It's great for motivation and learning. What went well, and what could be even better going forward. #reflection #endofyear #report #achievement

Our proactive steps during the quarter have allowed us to maintain stability and continue delivering value to our stakeholders. Certainly, strategic and consistent is what defines our Q1 FY25 results. #financialresults #Q1FY25 #satincreditcarenetworklimited

Great numbers

✨ We are proud to share Remitly's strong first quarter 2024 financial results and our improved 2024 outlook, which we reported on May 1, 2024. These results reflect a strong start to the year and our commitment to our customers to deliver peace of mind as they send money across borders. 🌏 Key year-over-year highlights from the first quarter include 36% growth in quarterly active customers, 34% growth in send volume, 32% growth in revenue, and 259% growth in Adj. EBITDA. Our Co-founder and CEO, Matt Oppenheimer, said: “We are pleased with our strong start to the year that reflects our resilient customer base and superior customer experience,” said Matt Oppenheimer, Co-founder and Chief Executive Officer, Remitly. “Our global scale and consistent execution has allowed us to deliver both robust top line growth and also improved profitability. As a result, we are pleased to build on this momentum by raising our outlook for full year 2024 Adjusted EBITDA.” We’re just getting started! For full results visit --> https://ir.remitly.com/ #remitly #wjgs #customercentricity #growth #financialresults

Our Q3 2024 quarterly results are announced. In the words of Chief Executive Officer Charlie Scharf, “We had solid results in the third quarter with both net income and diluted earnings per share up from the second quarter. Our earnings profile is very different than it was five years ago as we have been making strategic investments in many of our businesses and de-emphasizing or selling others. While we believe there are significant benefits still to come from our investments, it is gratifying to see our actions having an impact on our business metrics and financial results.” . #Performance #Results #Q3Results #FinancialPerformance #QuarterlyResults #LivingTheWellLife #WeAreWellsFargo

Remitly is proud to share our strong third quarter 2024 financial results and our increased 2024 outlook, which we reported on October 30, 2024. These results demonstrate our unique and sustainable growth strategy is delivering for both customers and shareholders. Key year-over-year highlights from the third quarter include 35% growth in quarterly active customers to 7.3 million and 39% growth in revenue to $336.5 million. We also delivered $1.9 million of net income and $46.7 million of Adjusted EBITDA in the third quarter. Our co-founder and CEO, Matt Oppenheimer, said: “I am grateful to our customers and global teams for the exceptional third quarter results. As our performance in the third quarter exceeded expectations, we are pleased to increase our 2024 outlook for both revenue and Adjusted EBITDA. We are excited about growth opportunities in 2025 and beyond as we execute on our vision of transforming lives with trusted financial services that transcend borders.” We’re just getting started! For full results visit 👉 https://ir.remitly.com/ #remitly #wjgs #financialresults #customercentricity #growth

Some excellent aviation news for British Airways, hitting an increase of £8m for Q1 2024. The full IAG results can be read below. #aviationnews #tourismnews #travelandtourism #travelagent #tourismmarketing #destinationmarketing

APAR’s Strong Financial Start in Q1 FY 2024-25   We kicked off Q1 FY 2024-25 with record-breaking revenue, fueled by exceptional domestic performance across all segments. Revenue from operations: The company achieved an impressive revenue of ₹4,011 crores, reflecting a 6.5% YOY increase.   Strong EBITDA and Profit After Tax (PAT) Growth: EBITDA and PAT saw positive momentum, with growth rates of 6.8% and 2.6%, respectively.   This strong start reinforces our confidence in achieving long-term sustainable growth. By harnessing our robust growth drivers, strategic priorities, and unique value proposition, we are poised for continued success.   https://lnkd.in/g9PQ3N6n

Media coverage of the financial results announced by REC for Q1 FY25. Keeping up our trajectory of continuous growth in this quarter too, REC has shown rise across all segments. Our profit has jumped 16%, leading to highest first quarter profit of Rs. 3,442 Cr. #RECFinancialResults #Q1FY25Results #RECLimited #RECProfitGrowth #FinancialSuccess #CorporateGrowth #InvestmentNews #BusinessUpdate #CorporateEarnings #RECIndia