State-run Power Finance Corporation today said its net profit rose by 87.28 per cent at Rs 554.91 crore for the current quarter ended June, over the same period period last year.
The company had a net profit of Rs 296.29 crore in the same period ended June 2008, Power Finance Corporation said in a filing to the Bombay Stock Exchange (BSE).
Total income rose to Rs 1,891.49 crore for the quarter ended June 30, 2009 against Rs 1,439.49 crore for the same quarter ended June 2008.
Shares of Power Finance Corporation were trading at Rs 218 on the BSE, up 1.63 per cent from previous close.