Power Finance Corporation Ltd.
3.65 (0.98%) Power Finance Corporation reports 7% rise in Q3 consolidated net profit
Date: 14-02-2023Power Finance Corporation has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported rise of 26.25% in its net profit at Rs 3004.93 crore for Q3FY23 as compared to Rs 2380.21 crore for the same quarter in the previous year. Total income of the company increased by 7.61% at Rs 10364.40 crore for the quarter under review as compared Rs 9631.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 7.09% in its net profit at Rs 5241.10 crore for Q3FY23 as compared to Rs 4893.91 crore for the same quarter in the previous year. Total income of the company increased by 2.34% to Rs 19662.65 crore for the quarter under review as compared to Rs 19213.69 crore for the same quarter in the previous year.