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PFC likely to raise $250 million via ECBs

22 May 2012 Evaluate

Power Finance Corporation is likely to raise $250 million through external commercial borrowings (ECBs).  The company is planning to use these funds for coal mining projects overseas from which coal will be brought to India.

Company has reported a rise of 34.69% in its net profit at Rs 818.30 crore for the quarter ended March 31 as against Rs 607.53 crore in the corresponding period last year. The total income from operations during the fourth quarter has increased by 40.44% to Rs 3,684.29 crore from Rs 2,623.42 crore in the year-ago period.

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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