State-run Power Finance Corporation today announced a net profit of Rs 652.35 crore for the first quarter ended June 30, a jump of 17.55 per cent over the corresponding period a year ago.
The company's net profit was Rs 554.91 crore in the June quarter last year, the company said in a filing to Bombay Stock Exchange.
During the April-June quarter, the total income rose to Rs 2,417.54 crore as against Rs 1,892.92 crore in the same quarter a-year ago.
Shares of PFC were trading at Rs 317.40, down 2.92 per cent on BSE at 1400 hrs.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
