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Power Finance Corp Q4FY23 Earnings

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.
Categories: Earnings Finance
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