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HindustanTimes Sat,23 Aug 2014

Power Finance Corporation posts 33% rise in Q2 net

PTI  New Delhi, November 09, 2012
First Published: 22:17 IST(9/11/2012) | Last Updated: 22:18 IST(9/11/2012)

State-run Power Finance Corporation on Friday posted a 33% rise in net profit at Rs. 1,084 crore for the quarter ended September 30, against a net profit of Rs. 812 crore in the corresponding period of the last financial year, PFC chairman and managing director Satnam Singh said.

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The total income of the company rose to Rs. 4,190 crore during the second quarter from July-September, from Rs. 3,150 crore in the same period of the last financial year.

The shares of the company closed down 1.81% at Rs. 186.90 on the Bombay Stock Exchange.


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