Power Finance Corporation net profit rises 7% to Rs 5,241 crore in December quarter
State-owned Power Finance Corporation (PFC) on Monday posted a 7 per cent rise in its consolidated net profit at Rs 5,241.10 crore in the December quarter, mainly on the back of higher revenues.
The consolidated net profit of the company was Rs 4,893.91 crore in the October-December quarter of FY22, according to a regulatory filing.
The total income of the company increased to Rs 19,662.65 crore in the quarter under review from Rs 19,213.69 crore in the same period a year ago.
The board also approved a third interim dividend of Rs 3.50 per share, bringing the cumulative interim dividend for the financial year 2022-23 to Rs 8.75 per share.
