PFC net profit rises nearly 24% to Rs 4,893 cr in December quarter
The company had reported a consolidated net profit of Rs 3,963.18 crore in the quarter ended December 2020, a BSE filing stated
 "Power Finance Corporation, PFC, PFC logo")
PFC logo. Photo: Wikimedia Commons
Power Finance Corporation (PFC) on Friday posted a nearly 24 per cent rise in its consolidated net profit to Rs 4,893.91 crore for the December quarter, mainly due to higher revenue.
The company had reported a consolidated net profit of Rs 3,963.18 crore in the quarter ended December 2020, a BSE filing stated.
The total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period.
The board in its meeting on Friday approved a third interim dividend of Rs 6 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for 2021-22.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 11 2022 | 4:35 PM IST