{"id":430582,"date":"2021-08-13T11:35:44","date_gmt":"2021-08-13T06:05:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430582"},"modified":"2021-08-13T11:35:44","modified_gmt":"2021-08-13T06:05:44","slug":"pfc-profit-rises-34-to-rs-2274-crore-in-q1fy22","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pfc-profit-rises-34-to-rs-2274-crore-in-q1fy22\/","title":{"rendered":"PFC profit rises 34% to Rs 2,274 crore in Q1FY22"},"content":{"rendered":"<p>State-owned Power Finance Corporation (PFC) has reported a net profit of Rs 2,273.6 crore for the quarter ended June 30 on a standalone basis, recording a year-on-year (y-o-y) rise of 33.8% on the back of higher interest income and lower cost of funds.<\/p>\n<p>PFC\u2019s net interest income increased 14.7% annually to Rs 3,525 crore in Q1FY22, while cost of funds fell by 25 basis points (bps) to 7.43% in the same period. State-owned entity has declared an interim dividend of Rs 2.25 per share for FY22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Power Finance Corporation (PFC) has reported a net profit of Rs 2,273.6 crore for the quarter ended June 30 on a standalone basis, recording a year-on-year (y-o-y) rise of 33.8% on the back of higher interest income and lower cost of funds. PFC\u2019s net interest income increased 14.7% annually to Rs 3,525 crore in Q1FY22, while cost of funds fell by 25 basis points (bps) to 7.43% in the same period. State-owned entity has declared an interim dividend of Rs 2.25 per share for FY22.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-430582","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=430582"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430582\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}