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: 30-01-2013

Power Finance Corporation has reported results for third quarter ended December 31, 2012.

The company has reported 0.83% rise in its net profit at Rs 1117.10 crore for the quarter as compared to Rs 1107.90 crore for the same quarter in the previous year. Total income of the company has increased by 36.01% at Rs 4466.19 crore for quarter under review as compared to Rs 3283.64 crore for the quarter ended December 31, 2011.

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.