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PFC Q1 net up 1.24 pc to Rs 2,899 crore

Press Trust of India  |  New Delhi 

State-run Power Finance Corporation (PFC) on Tuesday reported a marginal rise of 1.24 per cent in consolidated net profit at Rs 2,899.74 crore for June quarter despite higher revenues.

The firm had posted a net profit of Rs 2,864.07 crore in the year-ago quarter, the company said in a filing to the BSE.

PFC's total income increased to Rs 14,607.86 crore as against Rs 13,345.55 crore in the year-ago period.

The company had posted a consolidated net profit of Rs 12,640.27 crore in 2018-19 and its total income was Rs 54,156.83 crore.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 13 2019. 17:00 IST