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PFC net profit up 20% at Rs 1,695 crore

Total income of the company increased to Rs 7,024.09 crore for the quarter

PFC net profit up 20% at Rs 1,695 crore

Press Trust of India New Delhi
State-run Power Finance Corporation today posted a 20% jump in its net profit at Rs 1,695.30 crore for the quarter ended September 30, 2015.

The company had registered a Rs 1,408.58-crore net profit in the corresponding quarter a year ago, the company said in a BSE filing today.

According to the statement, total income of the company increased to Rs 7,024.09 crore for the quarter from Rs 6,245.31 crore in the three-month period a year ago.

PFC is the government owned non-banking finance company that is primarily into financing the power sector.

The company's interest income in the quarter under review increased to Rs 6,891.40 crore from Rs 6,153.90 crore in the same period a year ago, it said.

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First Published: Nov 03 2015 | 4:02 PM IST

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