Power Finance Corporation net profit up 27% to Rs 6,628 cr in Sep qtr
State-owned Power Finance Corporation (PFC) on Wednesday posted a nearly 27 per cent rise in its consolidated net profit to Rs 6,628.17 crore in the July-September quarter compared to a year ago.
The consolidated net profit of the company was Rs 5,229.33 crore in the quarter ended on September 30, 2022, a BSE filing showed.
Total income rose to Rs 22,403.69 crore in the quarter from Rs 19,344.39 crore in the same period a year ago.
PFC Chairman and Managing Director Parminder Chopra said, “We have delivered another successful quarter for FY 2024 with a 28 per cent increase in profit vis–vis Q2’23, reflecting our inherent strengths.
