Power Finance Corporation Ltd.

BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
375.45
3.65 (0.98%)
< Home < Back

Power Finance Corporation reports 27% rise in Q2 consolidated net profit

Date: 09-11-2023

Power Finance Corporation has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 28.30% rise in its net profit at Rs 3847.43 crore for the quarter under review as compared to Rs 2998.75 crore for the same quarter in the previous year. Total income of the company increased by 16.97% at Rs 11788.49 crore for Q2FY24 as compared to Rs 10078.45 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 26.75% rise in its net profit at Rs 6628.17 crore for Q2FY24 as compared to Rs 5229.33 crore for the same quarter in the previous year. Total income of the company increased by 15.18% at Rs 22403.69 crore for Q2FY24 as compared to Rs 19344.39 crore for the corresponding quarter previous year.