Power Finance Corporation Limited is a Systemically Important Non-Deposit taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the Indian power sector.
Financial Results:
- Power Finance Corporation Limited reported Total Income for Q4FY23 of ₹ 20,074 Crores up from ₹ 18,874 Crore year on year, a rise of 6%.
- Total Expenses for Q4FY23 of ₹ 12,312 Crores up from ₹ 13,428 Crores year on year, fall of 8%.
- Consolidated Net Profit of ₹ 6,129 Crores, up 43% from ₹ 4,296 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 17.71, up 46% from ₹ 12.14 in the same quarter of the previous year.
