State-run Power Finance Corporation today reported over 66 per cent jump in its net profit at Rs 563.6 crore for the quarter ended December 31, 2009.
The company posted a net profit of Rs 338.9 crore in the corresponding quarter of the last fiscal.
Net for the nine-month period ended December 31, rose 82 per cent at Rs 1,756.4 crore from Rs 964.60 crore during the same period last fiscal, the company said in a statement.
Total income of the company increased by 25 per cent from Rs 4,764 crore to Rs 5,969 crore.
The company’s main business is to provide finance for the power sector. It disbursed loans worth Rs 15,355 crore in the third quarter as compared to Rs 14,101 crore in the same period last year, a rise of 9 per cent.
Net Interest Income of the company increased to Rs 2,166 crore from Rs 1,616 crore.
Shares of PFC closed at Rs 242.20, up 0.45 per cent on the BSE.
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