Power Finance Corporation standalone net profit declines 19.29% in the March 2016 quarter

Sales rise 4.37% to Rs 6608.14 crore

Net profit of Power Finance Corporation declined 19.29% to Rs 1259.65 crore in the quarter ended March 2016 as against Rs 1560.76 crore during the previous quarter ended March 2015. Sales rose 4.37% to Rs 6608.14 crore in the quarter ended March 2016 as against Rs 6331.18 crore during the previous quarter ended March 2015.

For the full year,net profit rose 2.59% to Rs 6113.48 crore in the year ended March 2016 as against Rs 5959.33 crore during the previous year ended March 2015. Sales rose 10.14% to Rs 27079.44 crore in the year ended March 2016 as against Rs 24586.10 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales6608.146331.18 4 27079.4424586.10 10 OPM %100.93100.52 -100.40100.27 - PBDT1971.522201.44 -10 9066.838384.32 8 PBT1969.782199.84 -10 9060.668378.23 8 NP1259.651560.76 -19 6113.485959.33 3

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