PFC reports Q4 profit growth, improved asset quality
after close1 source ↓written by the desknot a recommendation
- YoY
- ₹6,999 cr
- slightly declined
- 1.2%
- ₹28,919 cr
- Assets Ratio
- 1.09%
Shares of Power Finance Corporation (PFC) rose following its Q4 results, with net profit increasing 10.8% YoY to ₹6,999 cr. Revenue slightly declined by 1.2% to ₹28,919 cr. Notably, the EBITDA margin expanded to 98.6%, and asset quality improved, with Gross Credit Impaired Assets Ratio at 1.09%.
Not investment advice. For informational purposes only.