Power Finance Corporation Ltd.

BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
375.45
3.65 (0.98%)
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Power Finance Corporation reports marginal rise in Q3 net profit

Date: 11-02-2015

Power Finance Corporation has reported results for third quarter ended December 31, 2014.

The company has registered a marginal rise of 0.48% in its net profit after tax at Rs 1541.73 crore for the quarter under review as compared to Rs 1534.31 crore for the same quarter in the previous year. The total income of the company increased 16.06% at Rs 6438.35 crore for Q3FY15 as compared Rs 5547.31 crore for the corresponding quarter 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.