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Power Finance Corporation Ltd Q4FY24; 23% rise in Profits

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 Ltd reported Revenues for Q4FY24 of ₹24,141.00 Crores up from ₹20,061.00 Crore year on year, a rise of 20.34%.

Total Expenses for Q4FY24 of ₹14,579.00 Crores up from ₹12,312.00 Crores year on year, a rise of 18.41%.

Consolidated Net Profit of ₹7,556.00 Crores up 23.28% from ₹6,129.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.04, up 20.25% from ₹14.17 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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