Power Finance Corporation net profit up 28% at Rs 4,554 cr in June quarter
State-run Power Finance Corporation (PFC) on Thursday posted an over 28 per cent jump in its consolidated net profit at Rs 4,554.98 crore in the June 2021 quarter, mainly due to higher revenues.
Its consolidated net profit was Rs 3,557.23 crore in the quarter ended June 30, 2020, a BSE filing said.
Total income in the quarter under review rose to Rs 18,973.93 crore from Rs 16,932.24 crore in the same period a year ago.
The board in its meeting on Thursday also approved interim dividend at the rate of Rs 2.25 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for 2021-22.
