Power Finance Corporation reports marginal rise in Q1 consolidated net profit

13 Aug 2022 Evaluate

Power Finance Corporation has reported results for first quarter ended June 30, 2022.

The company has reported a fall of 7.22% in its net profit at Rs 2109.52 crore for the quarter under review as compared to Rs 2273.59 crore for the same quarter in the previous year. Total income of the company decreased by 3.10% at Rs 9036.55 crore for Q1FY23 as compared Rs 9326.05 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal rise of 0.54% in its net profit at Rs 4579.53 crore for the quarter under review as compared to Rs 4554.98 crore for the same quarter in the previous year. However, total income of the company decreased by 2.25% at Rs 18544.04 crore for Q1FY23 as compared Rs 18970.39 crore for the corresponding quarter previous year.

Power Finance Corp Share Price

390.20 4.95 (1.28%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Power Finance Corp 390.20
REC 452.70
Indian Railway Finance 142.40
Ujjivan Financial 475.65
Satin Creditcare 211.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.