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Power Finance Corporation net up 17% at Rs 3,963 cr in Dec quarter

The firm posted a 17 per cent jump in its consolidated net profit at Rs 3,963.18 crore for the quarter ended in December

Power Finance Corporation (PFC) | Q3 results | Power Sector

Press Trust of India  |  New Delhi 

power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers
Representational image

State-run on Thursday posted a 17 per cent jump in its consolidated net profit at Rs 3,963.18 crore for the quarter ended in December.

The consolidated net profit of the firm was at Rs 3,386.72 crore in the year-ago period, a BSE filing said.

The firm's total income rose to Rs 18,441.72 crore in the quarter under consideration from Rs 15,878.04 crore in the same period a year ago.

On the pandemic's impact, the company said that there will not be a significant impact of this outbreak in continuing its business operations, in maintaining its financial position and in assessing its ability to continue as a going concern.

(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.)

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First Published: Thu, February 11 2021. 16:48 IST