Power Finance Corporation consolidated net profit declines 83.23% in the March 2020 quarter

Sales rise 13.12% to Rs 16126.66 crore

Net profit of Power Finance Corporation declined 83.23% to Rs 469.20 crore in the quarter ended March 2020 as against Rs 2797.95 crore during the previous quarter ended March 2019. Sales rose 13.12% to Rs 16126.66 crore in the quarter ended March 2020 as against Rs 14256.30 crore during the previous quarter ended March 2019.

For the full year,net profit declined 28.21% to Rs 7122.13 crore in the year ended March 2020 as against Rs 9920.86 crore during the previous year ended March 2019. Sales rose 14.88% to Rs 61895.91 crore in the year ended March 2020 as against Rs 53878.15 crore during the previous year ended March 2019.

 

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales16126.6614256.30 13 61895.9153878.15 15 OPM %74.4795.93 -88.6297.27 - PBDT1583.484585.25 -65 14117.1017877.52 -21 PBT1575.894580.74 -66 14092.6717862.03 -21 NP469.202797.95 -83 7122.139920.86 -28

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