New Delhi (11.02.2022): Power Finance Corporation (PFC) has reported a 24% expansion in its consolidated net profit to ₹ 4,893.91 crores in Q3FY22 on higher revenue earnings.The company had reported a consolidated net profit of ₹3,963.18 crores in the corresponding period a year ago.The total income in the December 2021 quarter rose to ₹ 19,215 crores from ₹ 18,441.72 crores in the year-ago period.Enthused by the results, the PFC board in its meeting on Friday approved a third interim dividend of ₹ 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.
Readers' Choice
RK Sharma to take charge as DGP today!
Bihar’s Revenue Secretary may resign to contest Assembly election
Clean chit to IPS officers: CAT holds RCB’s social media adventurism responsible for stampede
R K Sharma is the new Rajasthan DGP
Centre swings surprise, Gujarat DGP gets extension in service
PFC reports increased profit in December quarter
By IndianMandarins - 2022-02-11 09:10:00
New Delhi (11.02.2022): Power Finance Corporation (PFC) has reported a 24% expansion in its consolidated net profit to ₹ 4,893.91 crores in Q3FY22 on higher revenue earnings.
The company had reported a consolidated net profit of ₹3,963.18 crores in the corresponding period a year ago.
The total income in the December 2021 quarter rose to ₹ 19,215 crores from ₹ 18,441.72 crores in the year-ago period.
Enthused by the results, the PFC board in its meeting on Friday approved a third interim dividend of ₹ 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.
