Power Finance Corporation posts 33% rise in Q2 net | business | Hindustan Times
Today in New Delhi, India
Aug 21, 2017-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Power Finance Corporation posts 33% rise in Q2 net

Power Finance Corporation today posted a 33% rise in net profit at Rs 1,084 crore for the quarter ended September 30, PFC chairman and managing director Satnam Singh said.

business Updated: Nov 09, 2012 22:18 IST

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.

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.