State run Power Finance Corp today announced a net profit of Rs 296.30 crore for the first quarter ended June 30, a 4 per cent decline over the corresponding period a year-ago.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The firm had a net profit of Rs 308.65 crore in the first quarter of FY 2008, PFC said in a filing to the Bombay Stock Exchange.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>The total income of the company rose to Rs 1,441.60 crore in the latest quarter, from Rs 1,145.81 crore in the same period a year ago.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>Shares of PFC were trading at Rs 110.70, up 2.93 per cent in the late afternoon trade on the BSE. </P>
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Power Finance Q1 net down 4% at Rs 296.30 cr

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