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Power Finance Corporation (PFC) is likely to post a rise of 6% in its first quarter of FY12 net profit. During the period, profit after tax of the company is expected to be at Rs 696 crore against Rs 653 crore in the corresponding quarter of last fiscal.
Prabhudas Lilladher has come out with its earning estimates on financial services sector for the quarter ended March 2011. According to the research firm, Power Finance Corporation March quarter net operating income are expected to go up by 33% at Rs 991.9 crore, year-on-year, (YoY) basis.
In an interview with CNBC-TV18, Satnam Singh, Chairman and MD, PFC, spoke about the results and his outlook for the company.
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 (FY11) is expected to go up by 23.5% at Rs 696.3 crore as against Rs 563.7 crore, year-on-year basis.
Prabhudas Lilladher has come out with its earning estimates on the financial services sector for the quarter ended December 2010. According to the research firm, Power Finance Corporation's (PFC) December quarter net interest income is expected to go up by 20.8% to Rs 902 crore, Year-on-Year, (Y-o-Y) basis.