PFC Q3 net profit jumps 17% at Rs 659 cr

State-run and finance provider for power sector Power Finance Corporation (PFC) has declared its results for the quarter ended December 2010. It has reported net profit at Rs 659 crore in Q3 as against Rs 563.7 crore in Q3FY10, a growth of 16.91%.

January 17, 2011 / 15:10 IST

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State-run and finance provider for power sector Power Finance Corporation (PFC) has declared its results for the quarter ended December 2010. It has reported net profit at Rs 659 crore in Q3 as against Rs 563.7 crore in Q3FY10, a growth of 16.91%.

Net sales increased by 27.02% to Rs 2,576 crore from Rs 2,028 crore (YoY).

Numbers were lower than estimates; CNBC-TV18 was expecting profit after tax at Rs 696.3 crore.

first published: Jan 17, 2011 03:09 pm

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