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Power Finance Corporation reports 2-fold jump in Q4 net profit

29 May 2019 Evaluate

Power Finance Corporation has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported over 2-fold jump in its net profit at Rs 2,117.56 crore for the quarter ended March 31, 2019 as compared to Rs 796.35 crore for the same quarter in the previous year. Total income of the company increased by 23.14% at Rs 7,702.64 crore for quarter under review as compared to Rs 6,254.96 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 58.50% in its net profit at Rs 6,952.92 crore as compared to Rs 4,386.77 crore for the previous year. Total income of company increased 11.05% at Rs 28,851.29 crore for year under review as compared to Rs 25,980.25 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 43.69% in its net profit at Rs 12,640.27 crore as compared to Rs 8,796.69 crore for the previous year. Total income of company increased by 11.33% at Rs 54,156.83 crore for year under review as compared to Rs 48,645.42 crore for year ended March 31, 2018.

Power Finance Corp Share Price

473.60 8.75 (1.88%)
20-Apr-2026 11:55 View Price Chart
Peers
Company Name CMP
Power Finance Corp 473.60
REC 382.55
Indian Railway Fin. 103.86
NHIT 151.00
Satin Creditcare 175.10
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