Power Finance Corporation consolidated net profit rises 522.73% in the March 2021 quarter

Sales rise 11.99% to Rs 18059.76 crore

Net profit of Power Finance Corporation rose 522.73% to Rs 2921.87 crore in the quarter ended March 2021 as against Rs 469.20 crore during the previous quarter ended March 2020. Sales rose 11.99% to Rs 18059.76 crore in the quarter ended March 2021 as against Rs 16126.66 crore during the previous quarter ended March 2020.

For the full year,net profit rose 64.95% to Rs 11747.83 crore in the year ended March 2021 as against Rs 7122.13 crore during the previous year ended March 2020. Sales rose 15.39% to Rs 71424.52 crore in the year ended March 2021 as against Rs 61895.91 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales18059.7616126.66 12 71424.5261895.91 15 OPM %89.9374.47 -90.3788.62 - PBDT5012.921583.48 217 19916.1914117.10 41 PBT5005.501575.89 218 19890.7314092.67 41 NP2921.87469.20 523 11747.837122.13 65

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