Power Finance Corporation Ltd.
-3.80 (-1.01%) PFC reports marginal rise in Q1 consolidated net profit
Date: 14-08-2019Power Finance Corporation (PFC) has reported results for first quarter ended June 30, 2019.
The company has reported a fall of 0.09% in its net profit at Rs 1,382.76 crore for the quarter under review as compared to Rs 1,384.02 crore for the same quarter in the previous year. However, total income of the company increased by 8.60% at Rs 7,585.30 crore for Q1FY20 as compared Rs 6984.76 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a marginal rise of 1.25% in its net profit at Rs 2,899.74 crore for the quarter under review as compared to Rs 2,864.07 crore for the same quarter in the previous year. Total income of the company increased by 9.46% at Rs 14,607.86 crore for Q1FY20 as compared Rs 13,345.55 crore for the corresponding quarter previous year.