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Last Updated : Jun 24, 2020 04:34 PM IST | Source: PTI

PFC Q4 net profit down nearly 80% at Rs 693.71 crore

Total income during the quarter under review rose to Rs 16,254.65 crore from Rs 14,387.92 crore in the year-ago quarter.

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Power Finance Corporation on Wednesday reported about 80 per cent decline in consolidated net profit at Rs 693.71 crore for the quarter ended March 2020. The company had posted a consolidated net profit of Rs 3,391.27 crore in the quarter ended March 31, 2019, a regulatory filing said.

Total income during the quarter under review rose to Rs 16,254.65 crore from Rs 14,387.92 crore in the year-ago quarter.

For fiscal year 2019-20, consolidated net profit declined to Rs 9,477.24 crore from Rs 12,640.27 crore in 2018-19.

However, total income in 2019-20 rose to Rs 62,275.36 crore from Rs 54,156.83 crore in 2018-19.

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First Published on Jun 24, 2020 04:32 pm
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