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PFC Q3 profit beats forecast, rises marginally to Rs 1117cr

State-owned Power Finance Corporation's (PFC) net profit rose marginally to Rs 1,117 crore (ahead of expectations) in the third quarter of financial year 2012-13 from Rs 1,108 crore in a year ago period.

February 01, 2013 / 14:31 IST
     
     
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    State-owned Power Finance Corporation's (PFC) net profit rose marginally to Rs 1,117 crore (ahead of expectations) in the third quarter of financial year 2012-13 from Rs 1,108 crore in a year ago period.


    Net interest income jumped 41 percent - in-line with forecast - to Rs 1,548 crore from Rs 1,097 crore during the same period.


    Analysts on an average were expecting profit after tax at Rs 1,018 crore and net interest income at Rs 1,546 crore for the October-December quarter.


    Shares rose 1.5 percent to close at Rs 206.70 amid high volumes on Bombay Stock Exchange on Wednesday.

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    first published: Jan 30, 2013 04:09 pm

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