Power Finance Corporation Ltd.
3.65 (0.98%) Power Finance Corporation reports 20% rise in Q1 consolidated net profit
Date: 06-08-2024Power Finance Corporation has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 23.64% rise in net profit at Rs 3,717.88 crore for Q1FY25 as compared to Rs 3,006.94 crore for the same quarter in the previous year. Total income of the company increased by 17.49% at Rs 11,916.24 crore for Q1FY25 as compared to Rs 10,142.18 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.06% rise in its net profit at Rs 7,182.06 crore for the quarter ended June 30, 2024 as compared to Rs 5,982.14 crore for the same quarter in the previous year. Total income of the company increased by 17.69% at Rs 24,736.68 crore for Q1FY25 as compared to Rs 21,017.81 crore for the corresponding quarter previous year.