PFC reports Q3 income growth of 19% and improved asset quality
pre-market1 source ↓written by the desknot a recommendation
- for Q3
- ₹5,606.5 crore
- net profit rising
- 14.6%
- ₹4,763.3 crore
- Assets Ratio
- 1.64%
- interim dividend
- ₹4 per share
Power Finance Corporation Ltd. (PFC) reported net interest income (NII) growth of 19.4% YoY to ₹5,606.5 crore for Q3, with net profit rising 14.6% to ₹4,763.3 crore. Asset quality improved, with Gross Credit Impaired Assets Ratio at 1.64%. The board declared an interim dividend of ₹4 per share.
Not investment advice. For informational purposes only.