PFC net profit up nearly 24% to Rs 4,893 cr in December quarter

AgenciesUpdated: Friday, February 11, 2022, 04:55 PM IST
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PFC's total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period./ Representative image |

Power Finance Corporation (PFC) on Friday posted a nearly 24 per cent rise in its consolidated net profit to Rs 4,893.91 crore for the December quarter, mainly due to higher revenue.

The company had reported a consolidated net profit of Rs 3,963.18 crore in the quarter ended December 2020, a BSE filing stated.

The total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period.

The board in its meeting on Friday approved a third interim dividend of Rs 6 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for 2021-22.

(With ibputs from PTI)

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