Power Finance Corporation standalone net profit declines 16.58% in the June 2017 quarter

Sales decline 4.13% to Rs 6779.82 crore

Net profit of Power Finance Corporation declined 16.58% to Rs 1428.59 crore in the quarter ended June 2017 as against Rs 1712.55 crore during the previous quarter ended June 2016. Sales declined 4.13% to Rs 6779.82 crore in the quarter ended June 2017 as against Rs 7072.05 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales6779.827072.05 -4 OPM %92.3295.08 -PBDT2154.582491.12 -14 PBT2153.392489.94 -14 NP1428.591712.55 -17

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