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Power Finance Corp posts Rs 1,274 cr profit

Power Finance Corp posts Rs 1,274 cr profit
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The Power Finance Corporation (PFC) has stated in a regulatory filing that it has posted 23 per cent jump in net profit at Rs 1,273.79 crore for the three months ended September. PFC, a government-owned company and a key lender for the power sector, had a net profit of Rs 1,036.49 crore in the year-ago period.

The Power Finance Corp saw its total income climb to Rs 5,336.96 crore in the second quarter of the current fiscal (July-September period). The entity had reported a total income of Rs 4,191.16 crore in the same period a year ago.

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