Public Sector News

Power Finance Corporation net profit up 20% at Rs 1,695 crore

New Delhi, Nov 04 : State-run Power Finance Corporation BSE 2.86 % today posted a 20 per cent jump in its net profit at Rs 1,695.30 crore for the quarter ended September 30, 2015.

The company had registered a Rs 1,408.58-crore net profit in the corresponding quarter a year ago, the company said in a BSE filing today. According to the statement, total income of the company increased to Rs 7,024.09 crore for the quarter from Rs 6,245.31 crore in the three-month period a year ago.

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