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Power Finance Corporation reports 21% rise in Q1 net profit

16 Aug 2014 Evaluate

Power Finance Corporation (PFC) has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged by 20.86% at Rs 1448.26 crore as compared to Rs 1198.24 crore for the quarter ended June 30, 2013. Its total income has increased by 18.07% to Rs 5923.90 crore for the quarter under review from Rs 5017.10 crore for the corresponding quarter of the previous year.

PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.

Power Finance Corp Share Price

464.85 5.85 (1.27%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 464.85
REC 373.35
Indian Railway Fin. 104.85
NHIT 151.00
Satin Creditcare 174.75
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