PFC Q4 results: Net profit down nearly 80% at Rs 693.71 crore

New Delhi: Power Finance Corporation (PFCNSE 3.52 %) on Wednesday reported about 80 per cent decline in consolidated net profit at Rs 693.71 crore for the quarter ended March 2020, mainly due to transaction exchange loss.

The company had posted a consolidated net profit of Rs 3,391.27 crore in the quarter ended March 31, 2019, a regulatory filing said.

Total income during the quarter under review rose to Rs 16,254.65 crore from Rs 14,387.92 crore in the year-ago quarter.

Read more

You may also like

Comments are closed.

More in Newspapers