Power Finance Corporation net profit up 72% to Rs 4,290 crore in September quarter

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NEW DELHI: State-run Power Finance Corporation (PFC) on Thursday reported a 72 per cent jump in its consolidated net profit at Rs 4,290 crore in the July-September quarter on account of higher revenues.

Its net profit was Rs 2,497 crore in the quarter ended September 30, 2019, a BSE filing said.

Total income of the company rose to Rs 18,171.41 crore in the said quarter from Rs 15,537.55 crore in the same period a year ago.

Source: Press Trust of India