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Power Finance Corporation standalone net profit rises 12.16% in the March 2022 quarter

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Capital Market

Sales rise 2.05% to Rs 9870.37 crore

Net profit of Power Finance Corporation rose 12.16% to Rs 2609.45 crore in the quarter ended March 2022 as against Rs 2326.61 crore during the previous quarter ended March 2021. Sales rose 2.05% to Rs 9870.37 crore in the quarter ended March 2022 as against Rs 9672.29 crore during the previous quarter ended March 2021.

For the full year,net profit rose 18.69% to Rs 10021.90 crore in the year ended March 2022 as against Rs 8444.01 crore during the previous year ended March 2021. Sales rose 2.12% to Rs 38545.40 crore in the year ended March 2022 as against Rs 37744.87 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales9870.379672.29 2 38545.4037744.87 2 OPM %88.8688.90 -90.4688.47 - PBDT3202.932797.49 14 12240.8510218.48 20 PBT3200.082793.82 15 12227.6510207.31 20 NP2609.452326.61 12 10021.908444.01 19

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First Published: May 25 2022 | 4:09 PM IST

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