Power Finance Corporation Ltd.
3.65 (0.98%) Power Finance Corporation reports marginal rise in Q1 consolidated net profit
Date: 13-08-2022Power 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.