Power Finance Corporation consolidated net profit rises 522.73% in the March 2021 quarter

Image
Capital Market
Last Updated : Jun 15 2021 | 2:51 PM IST

Sales rise 11.99% to Rs 18059.76 crore

Net profit of Power Finance Corporation rose 522.73% to Rs 2921.87 crore in the quarter ended March 2021 as against Rs 469.20 crore during the previous quarter ended March 2020. Sales rose 11.99% to Rs 18059.76 crore in the quarter ended March 2021 as against Rs 16126.66 crore during the previous quarter ended March 2020.

For the full year,net profit rose 64.95% to Rs 11747.83 crore in the year ended March 2021 as against Rs 7122.13 crore during the previous year ended March 2020. Sales rose 15.39% to Rs 71424.52 crore in the year ended March 2021 as against Rs 61895.91 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales18059.7616126.66 12 71424.5261895.91 15 OPM %89.9374.47 -90.3788.62 - PBDT5012.921583.48 217 19916.1914117.10 41 PBT5005.501575.89 218 19890.7314092.67 41 NP2921.87469.20 523 11747.837122.13 65

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jun 15 2021 | 2:32 PM IST

Next Story