By PTI | New Delhi
State-owned Power Finance Corporation (PFC) on Wednesday posted around 3 per cent rise in consolidated net profit to Rs 8,597.61 crore for the March quarter, supported by reduced expenses.
The company had reported a net profit of Rs 8,357.88 crore in the same quarter a year-ago, the company said in an exchange filing. During January-March, the company’s total income fell to Rs 28,856.60 crore from Rs 29,285.45 crore in the fourth quarter of the preceding 2024-25 financial year.
While expenses reduced to Rs 17,764.79 crore from Rs 18,730.86 crore in the last quarter of FY25.
Under the Ministry of Power, Power Finance Corporation (PFC) is a leading non-banking financial corporation. PTI
