Power Finance Corporation consolidated net profit rises 20.26% in the March 2024 quarter

Sales rise 21.10% to Rs 24064.14 crore

Net profit of Power Finance Corporation rose 20.26% to Rs 5624.36 crore in the quarter ended March 2024 as against Rs 4676.71 crore during the previous quarter ended March 2023. Sales rose 21.10% to Rs 24064.14 crore in the quarter ended March 2024 as against Rs 19871.84 crore during the previous quarter ended March 2023.

For the full year,net profit rose 24.37% to Rs 19761.16 crore in the year ended March 2024 as against Rs 15889.33 crore during the previous year ended March 2023. Sales rose 17.30% to Rs 90495.28 crore in the year ended March 2024 as against Rs 77147.72 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales24064.1419871.84 21 90495.2877147.72 17 OPM %102.76102.66 -101.1495.28 - PBDT9611.857776.06 24 33641.5226547.87 27 PBT9597.007761.82 24 33588.1226496.07 27 NP5624.364676.71 20 19761.1615889.33 24

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