Business Standard

Power Finance Corp posts 33% rise in Q2 profit

The company had reported a net profit of Rs 812 crore in the corresponding period of last financial year

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Press Trust of India New Delhi

State-run Power Finance Corporation today posted 33% rise in net profit to Rs 1,084 crore for the quarter ended September 30, 2012.

The company had reported a net profit of Rs 812 crore in the corresponding period of last financial year, PFC Chairman and Managing Director Satnam Singh told reporters here.

Total income of the company rose to Rs 4,190 crore during the quarter under review, from Rs 3,150 crore in the year-ago period.

Shares of the company closed down 1.81% at Rs 186.90 on the BSE.

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First Published: Nov 09 2012 | 4:55 PM IST

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