Kumari Palany & Co

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Power Finance Corporation: 11% increase in Profit!

Posted on: 10/Jun/2015 4:25:11 PM
Power Finance Corporation has earned a net profit of Rs. 1561 Crores in the January-March quarter of 2015.

The corresponding profit during last year was Rs. 1411 Crores.

This is an increase of 11% in the profit.

The total revenue earned for this period was Rs. 6421 Crores.

During the financial year 2014-15, Power Finance Corporation has independently earned a profit of Rs. 5959 Crores.

Total income was Rs. 24907 Crores.

The Board of Directors of Power Finance Corporation has recommended a final dividend of Rs. 0.60 per share.

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