State-run Power Finance Corporation today said its net profit rose by 32.22 per cent to Rs 390.58 crore for the fourth quarter ended March 31, over the same period last year.
In a filing to the Bombay Stock Exchange, PFC said it had a net profit of Rs 295.40 crore in the same quarter ended March 2008.
The total income of the company rose to Rs 1,816.93 crore during the March quarter, against Rs 1,365.18 crore in the same period last fiscal.
For the year ended March 31, the company has posted a net profit of Rs 1,355.18 crore, against Rs 1,206.75 crore in the same period last fiscal, up 12.29 per cent.
Shares of PFC were trading at Rs 159.55, up 10.38 per cent on the BSE.
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