Power Finance Corporation (PFC) is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its Q3 profit after tax (PAT) is expected to go up by 23.5% at Rs 696.3 crore as against Rs 563.7 crore, year-on-year basis.
Operating profit is seen going up by 20% at Rs 919.3 crore from Rs 762 crore. Net interest income (NII) is likely to go up by 25% at Rs 933.2 crore from Rs 746 crore. Net interest margin is seen declining at 4% versus 4.2% and loan growth is expected to be at 26.5%. Its follow-on public offer is likely to come out early next fiscal. Government will disinvest 5% stake & company would issue 15% fresh shares.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
