Wednesday, August 3, 2011

PFC Q1 net profit up 5% at Rs 686cr YoY

Power Finance Corporation (PFC), a state-run lender to power projects, has reported a jump of 5% (YoY) in quarterly profit. During the period, net profit of the company increased to Rs 686 crore from Rs 652 crore in the corresponding quarter of last fiscal year.

Net sales jumped 21% to 2,908 crore in April-June quarter against Rs 2,405 crore in same quarter the previous year.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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